Expand your customers’ loan options, increase your referrals, and sell more homes with the FHA 203k Home Renovation Loan.


Purchase Price: $65,000


Renovation Budget: $140,000

Virtual Rendering

Total Costs: $205,000


Sold For: $238,900

Profit / Equity: $33,900

Get More Client Referrals

Some buyer’s agents may avoid promoting FHA 203k, as the commission associated with these types of deals tends to be slightly less. However, by introducing this loan as a solution, you provide greater value to your clients, and they know you have their best interests in mind. Picture your clients showing off their brand new kitchen, bathroom, living room, etc. to their family and friends. Naturally they will want the same, and they will have YOUR name at the top of the list when it’s their turn to buy.

Hassle-Free Process

We offer a variety of renovation loans to help your clients tackle the small projects, all the way to renovation projects in the hundreds of thousands of dollars. We provide consultation to your clients to help determine which renovation loan is best for them. The FHA 203k Home Renovation Loan simplifies home renovations by allowing your clients to borrow money for both their home purchase and improvement and repair costs using only one loan. In addition, eligible buyers can qualify for a down payment as low as 3.5%. This provides your clients the best opportunity to build their dream home with minimal money down.

Change the Game

Millennials are not afraid to purchase a house in need of some work. In fact, 67% of young adult homebuyers are more than willing to put an offer down on a fixer-upper. Not all of them are handy enough to do those repairs themselves. For you, the real estate agent, this is a prime opportunity to become an industry influencer in the eyes of your clients while strongly differentiating yourself from your competitors. In a competitive market, agents need to differentiate themselves from their competition, this is how you do that.

Equity Makes a Difference

Just as helping to facilitate a buyer getting their dream home can lead to referrals, so does the fact that they will have instant equity in the home. In the video below, a buyer purchased a house in Boardman, Ohio for $39,000. They were able to completely renovate the house (exterior and interior) for $30,000 using the FHA 203k Home Renovation Loan, and the home was appraised at $79,000 post-renovation – giving them an immediate $10,000 in equity! Who do you think their friends and family are going to call when they are looking to move?


Before & After Videos



*Not all borrowers will qualify. Contact us for more information on fees and terms. Down payment and terms shown are for informational purposes only and are not intended as an advertisement or commitment to lend.