FHA 203(k) Rehabilitation Mortgage

Federal Housing Administration (FHA) / HUD

Available Home Repair

About This Program

FHA 203(k) Rehabilitation Mortgage is available to homeowners in Sacramento, CA.

The FHA 203(k) loan lets homebuyers and homeowners finance the purchase or refinance of a home plus the cost of renovation in a single mortgage. The Streamlined 203(k) covers up to $35,000 in non-structural repairs; the Standard 203(k) has no repair cap and can cover complete gut-rehabilitation. Minimum 3.5% down payment required; minimum credit score typically 580-620.

This is a loan, not a grant; 3.5% down payment required; local Sacramento lenders include Sunrise Vista Mortgage

Verified against Federal Housing Administration (FHA) / HUD's official page on 2026-06-17.

Data last verified 2026-04-03. How we verify our data.

This is a national program. In Sacramento, CA, you can stack it with local programs like these:

Key Details

  • Finance home purchase + renovation costs in one FHA-insured loan
  • Streamlined 203(k): up to $35,000 for non-structural repairs; 3.5% down
  • Standard 203(k): no repair cap; covers full gut rehab and structural work
  • Minimum 580 credit score (most lenders prefer 620+); 43% max DTI
  • Sacramento lenders: Sunrise Vista Mortgage 916-xxx-xxxx, Golden Bay Mortgage Group

How to Apply

Get free help applying Visit Official Program Page Track this program

800-225-5342

A grant-savvy contractor in Sacramento, CA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Sacramento early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

An FHA mortgage that rolls the cost of repairs or renovation into the loan to buy or refinance a home. The rehab work must total at least 5,000 dollars. You apply through an FHA approved lender, not a government office.

Steps to apply

  1. Find an FHA approved lender that offers the 203(k) program.
  2. Apply with that lender and choose Standard 203(k) (larger projects) or Limited 203(k).
  3. The lender brings in a HUD approved 203(k) consultant who prepares a work write-up and cost estimate.
  4. The lender underwrites, closes, and funds the loan, and the repair funds are released as the work is done.
Get the official form

Documents you will likely need

  • Standard mortgage application documents (income, assets, credit).
  • Contractor bids and a work write-up for the planned repairs.
  • Information about the property you are buying or refinancing.
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Rolling

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can FHA 203(k) Rehabilitation Mortgage provide in Sacramento, CA?

Up to FHA loan limits (currently $843,000 in Sacramento County for 2025).

Who qualifies for FHA 203(k) Rehabilitation Mortgage in Sacramento?

FHA 203(k) Rehabilitation Mortgage is open to homeowners in Sacramento, CA. It has no income limit.

How do I apply for FHA 203(k) Rehabilitation Mortgage in Sacramento, CA?

Apply directly with Federal Housing Administration (FHA) / HUD using the official program link on this page or call 800-225-5342. There is no middleman and no fee.

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