Purchase or refinance a home and finance eligible repairs and renovations in a single loan with an FHA 203K loan from Open Mortgage.
About FHA 203K Loans
Conventional mortgages adhere to Fannie Mae and Freddie Mac guidelines and offer consumers a variety of fixed rate and adjustable rate options. With Open Mortgage, you get access to apply for great rates for 30, 15, and 10 year fixed rate home loans as well as adjustable rate mortgage (ARM) products with low introductory rate periods.
There are two types of 203K financing we offer:
At Open Mortgage, we can help you weigh your options so you can make a well-informed decision on the type of program that may best suit your needs. If you already have a mortgage on the home, we may be able to assist you with a cash-out refinance to get you the funds you need (where available).
A better mortgage. A brighter future.
Think you are ready to take the leap?