Rehabilitation Mortgage Insurance (HUD/FHA)

General Loan Program Requirements
In order to qualify for this benefit program, you must be a current or prospective homeowner who is planning to repair or improve a residential structure that is more than one year old.

Loan Program Description
This program may help individuals finance the cost of purchasing and rehabilitating their new or existing home. While HUD does not lend money directly to buyers to purchase a home, FHA-approved lenders make loans through a number of FHA-insurance programs.

Loan Terms
Market Interest Rate, with variable Upfront Fees and no Pre-payment penalties. Maximum Loan Length 30 years. Maximum Loan Amount is based on area loan limit. Monthly Payment Frequency.

Loan Application Process
For more information, see the Program Contact Information below.

To obtain a FHA-insured mortgage, look in your local Yellow Pages under "Mortgages" or contact a FHA-approved lender.

Loan Managing Agency
U.S. Department of Housing and Urban Development