Buy the house you'd
normally walk past.
The homes you want are the ones other buyers can't finance. With a 203k loan, you can - and you can renovate them to your taste with just 3.5% down. Pre-qualify online in 60 seconds.
If you've been house-hunting, you already know.
- Every decent turnkey home gets 12 offers the first weekend
- You keep getting outbid by cash investors
- The homes in your budget are beat up, outdated, or both
- Your agent keeps showing you homes you don't love
- You're starting to wonder if you'll ever own a home
Here's the thing: those beat-up, outdated homes are your opportunity. You just need the right loan.
You're no longer competing for the same 10 houses.
Most first-time buyers are all fishing in the same small pond - turnkey homes priced to sell. That's why you're getting outbid.
A 203k loan lets you look at every home in your budget, including the ones that need work. That's ten times the inventory. And because regular buyers can't finance them, you're not bidding against 11 other offers - you might be bidding against one or two.
Four things that change the game.
More homes
Fixer-uppers, bank-owned homes, foreclosures, short sales, outdated homes in great neighborhoods - all of them open up.
Less competition
Most of your competition is locked out. Cash investors aren't fighting you for a home that's priced for cash flow.
Instant equity
Your loan is based on the AFTER-repair value. When you close, the home is often worth more than you owe.
A home you love
You pick the kitchen. You pick the floors. You pick the paint. On day one, it's already yours.
A sample first-time buyer story.
Maya & Darnell - 8 months of "no"
They'd been making offers for 8 months. Every time they found a home they liked, they got outbid by $20–40k over asking.
We pre-qualified them for a 203k. The next weekend, they toured a home that had been sitting for 63 days because the kitchen was a mess and the main bath needed gutting. List price: $215,000. They offered $205,000 and got accepted same day - no bidding war.
- Purchase price
- $205,000
- Renovation budget
- $58,000 (kitchen, bath, paint, flooring)
- Total loan
- $263,000
- Down payment
- $9,205
- After-repair appraised value
- $315,000
Sample scenario for illustration. Not an actual client file. Individual results vary.
Things you're probably wondering.
I've never bought a home before. Is this too complicated for me?
It's a few extra steps compared to a regular mortgage - but you've got an entire team walking you through every one. Our job is to make it feel normal.
What if I can't find a contractor?
We have a vetted network across the country. If you don't already have someone, we'll connect you with contractors who know 203k - which matters, because not every contractor does.
How much cash do I actually need?
3.5% of the total loan (purchase + rehab). Gifts from family count. Closing costs can often be rolled in or covered by the seller. For most buyers, it's between $8,000 and $15,000 total.
What credit score do I need?
580 for 3.5% down. We can work with scores as low as 500 with 10% down.
How long until I can move in?
Close in 45–60 days. Renovation time depends on the scope - cosmetic jobs are often 4–8 weeks, bigger rehabs can take 3–6 months. If the home isn't livable during construction, we can finance up to 12 months of your mortgage payments into the loan.
Ready to see what you can buy?
60 seconds. No hard credit check. We'll call you back within one business day.