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203K Rehab Loans


The "FHA 203K"  is the only home improvement loan today that lenders can offer for more than your home is worth. The FHA 203K loan allows 115% financing for home rehabilitation and energy efficiency upgrades like solar heating. 


Our FHA lenders offer 203 FHA home loans that have been very popular with foreclosure home buyers. A lot of foreclosed homes that people buy need significant improvements and the 203 loan enable borrowers to qualify for an FHA finance loan beyond the home's value. 203K lenders are difficult to find, so ask a lot of questions when you are shopping for an FHA home improvement loan online. 


Approved FHA lenders continue to finance 96.5% of home purchase loans with affordable payments because FHA rates are still really good. The 203(b) is an FHA home loan program with a fixed interest rate. The 203 is a popular FHA home loan with first time home buyers. The 203(b) FHA loan keeps your down payment to a minimum. Your closing costs may also be minimized, so ask your loan officer. The 203(b) FHA loan will finance up to 96.5% loan to value, so you may only need 3.5% down to buy a home. 


  • Purchase or refinance. 
  • Remodel the kitchen or bath.
  • Renovate or add a room.
  • Paint the house or add siding. 
  • Add a porch, deck or patio.
  • Replace a leaky roof.
  • Put in new flooring, carpeting or tiling. 
  • Update electrical wiring, plumbing or heating systems.
  • Conserve energy with new windows.
  • Plus much more!


  • Jeffrey M Aulet NMLS #231803,  Branch ID's NMLS #1152080, Branch NMLS #1689889, OH # LO.024852.000; WV # LO.23479; Pennsylvania #60101005
  • Branch Phone (740) 314-5324. Home Loans and Refinancing for the States of Ohio, West Virginia and Pennsylvania.
  • Polaris Home Funding Corp. NMLS# 38072, Phone (616) 667-9000.
  • Polaris Home Funding Corp. is not acting on behalf of or at the direction of HUD, FHA, USDA, or the federal government.
  • NMLS® Consumer Access
  •  “This website is not intended for Washington State consumers”