203K Loans

You can borrow up to the FHA loan limits in your Texas county, which covers the property purchase price plus renovation costs. This makes it easier to finance repairs alongside your mortgage.

203K loans finance a broad range of improvements, from structural repairs and roof replacements to cosmetic upgrades like painting and flooring. Both Standard and Streamline 203K loans cover FHA-approved renovation costs, allowing Texas homeowners to update and increase their property’s value efficiently.

You can borrow up to the FHA loan limits for your Texas county, covering the combined cost of the home purchase and renovations. This loan amount enables financing of major and minor repairs within one affordable mortgage payment.

Yes, refinancing with a 203K loan allows Texas homeowners to roll renovation costs into a new mortgage, making upgrades more affordable and accessible without separate loans or credit lines.

The minimum down payment is generally 3.5% of the total loan amount, which includes both the home purchase price and renovation costs. This low down payment helps many Texans afford necessary repairs without large upfront expenses.

Closing typically takes 30 to 45 days but may vary based on renovation complexity and documentation. D4 Mortgage expedites the approval process and coordinates with contractors to ensure timely project starts in Texas.

203K loans generally apply to primary residences in need of repair. Some property types, such as condos and manufactured homes, may face eligibility restrictions. Our advisors help determine if your Texas property qualifies for 203K financing.