FHA 203(k) Rehabilitation Mortgage
Federal Housing Administration / HUD
About This Program
The Grant Map catalogs FHA 203(k) Rehabilitation Mortgage in its St. Paul, MN research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.
The FHA 203(k) loan allows homebuyers and existing owners to finance purchase (or refinance) plus renovation costs in a single mortgage. The Standard 203(k) covers major structural renovations; the Limited 203(k) covers non-structural projects under $35,000. Borrowers can finance up to 110% of the home's after-improved value with as little as 3.5% down.
Minimum 580 credit score; 3.5% down payment. FHA loan limits for Ramsey County: $524,225 standard. Renovation funds are held in escrow and disbursed as work is completed.
The cited program-specific URL responded on 2026-07-21; confirm current terms.
Record set last reviewed 2026-04-03. How we verify our data.
This is a national program. You can also review these local programs in St. Paul, MN; confirm separately whether they can coordinate:
Key Details
- Finance home purchase + renovation in a single FHA-backed loan
- Standard 203(k) for major rehabs; Limited 203(k) under $35,000
- Minimum 3.5% down payment with 580+ credit score
- FHA loan limit for Ramsey County: ~$524,225 (2025)
- Available through FHA-approved lenders; HUD: 800-225-5342
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in St. Paul.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
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
- Find an FHA approved lender that offers the 203(k) program.
- Apply with that lender and choose Standard 203(k) (larger projects) or Limited 203(k).
- The lender brings in a HUD approved 203(k) consultant who prepares a work write-up and cost estimate.
- The lender underwrites, closes, and funds the loan, and the repair funds are released as the work is done.
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.
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Rolling
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Frequently asked questions
What amount is listed for FHA 203(k) Rehabilitation Mortgage in St. Paul, MN?
The Grant Map record states: Up to FHA loan limits for Ramsey County ($524,225 standard; $1,089,300 high-balance). Confirm the current amount and eligible costs with the administrator.
What audience tags are recorded for FHA 203(k) Rehabilitation Mortgage in St. Paul?
The directory record carries audience tags for homeowners. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for FHA 203(k) Rehabilitation Mortgage in St. Paul, MN?
Confirm the application route directly with Federal Housing Administration / HUD; use the cited source on this page as a starting point or call 800-225-5342. Confirm any fee or cost with the administrator.
Need a Contractor for This Project?
Browse local listings or request an introduction. The Grant Map does not guarantee licensing, program experience, work quality, or funding.
More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in St. Paul, MN
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
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