Looking at a fixer-upper home?

Buy it and fix it all in ONE loan from Cambria Mortgage

FHA 203k streamline rehab loan for MN and WI homes
Transform your fixer-upper into your dream home

Why Choose an FHA 203k Loan?

One Loan Solution

Purchase price and renovation costs combined into a single mortgage

Flexible Repairs

From cosmetic updates to structural repairs and everything between

Low Down Payment

Only 3.5% down payment required with FHA financing

Government Backed

FHA insurance protects lenders, allowing more flexible qualifications

How FHA 203k Loans Work

1

Find Your Home

Identify a property that needs repairs or updates

2

Get Estimates

Work with contractors to get repair cost estimates

3

Apply for Loan

Single application for purchase and renovation funds

4

Close & Renovate

Funds held in escrow and released as work completes

203k Program Options

Streamline 203k

  • Up to $35,000 in repairs
  • Cosmetic improvements
  • Faster processing
  • Minimal paperwork

Standard 203k

  • Major renovations
  • Structural repairs
  • Larger loan amounts
  • Consultant required

Ready to Transform Your Fixer-Upper?

Get started with your FHA 203k loan today

Apply Online (651) 552-3681