FHA 203(k) Renovation Loan
Looking to buy a fixer-upper in Missouri or update an older home in the DFW area? An FHA 203(k) Renovation Loan from Supreme Lending lets you purchase and renovate a property with a single mortgage. You can roll the cost of improvements—big or small—into your loan and create the home you’ve always envisioned.
Key Features
✔ One Loan, One Closing – Finance the Missouri home purchase and renovation costs in one convenient loan.
✔ Low Down Payment – As little as 3.5% down, just like a standard FHA loan.
✔ Flexible Renovation Options – From kitchen remodels to full structural updates, you can finance a wide range of improvements.
✔ Competitive Interest Rates – Take advantage of FHA’s attractive mortgage rates for Missouri homebuyers.
Eligible Renovations
✔ Kitchen and bathroom remodels
✔ Roofing, flooring, and energy-efficient upgrades
✔ Room additions or structural repairs
✔ Accessibility modifications and more
Eligibility & Guidelines
✔ Minimum credit score typically 580.
✔ Property must be your primary residence in Missouri or the surrounding DFW Metroplex.
✔ Work must be performed by licensed contractors approved by the lender.
✔ FHA limits apply to total loan amount.
Ideal For
✔ Homebuyers purchasing a Missouri fixer-upper.
✔ Owners wanting to refinance and renovate their current Missouri property.
✔ Buyers seeking an affordable way to customize a home in the competitive DFW market.
Our Missouri FHA loan specialists streamline the 203(k) process by coordinating with contractors, appraisers, and underwriters. We help you secure the financing you need to turn a diamond in the rough into your dream home.