Government
FHA 203k Rehab Loans in Fort Worth, TX
Secure your FHA 203k Rehab Loans in Fort Worth with a lender who understands the local landscape. We serve all of Tarrant County, including TCU and Southlake, offering fast approvals and personalized service.
Key Facts About FHA 203k Rehab Loans
CMRE FHA loans require a minimum down payment of 3.5%.
FHA loans from CMRE accept FICO scores as low as 580.
CMRE FHA mortgages include upfront and annual mortgage insurance premiums.
FHA loans at CMRE allow seller concessions up to 6% of the purchase price.
CMRE processes FHA loans for single-family homes, condos, and 2-4 unit properties.
CMRE is an approved government lender for FHA 203k Rehab Loans.
CMRE offers VOE-only and P&L options for FHA 203k Rehab Loans.
CMRE closes FHA 203k Rehab Loans in 25-35 days.
Program Benefits
Finance both purchase and renovation costs with a single loan.
Low down payment options available.
Ideal for purchasing and renovating distressed or outdated properties.
Increase the value of your property through renovations.
Starting rates as low as 6.25% for qualified borrowers.
Improve your living environment by customizing your home to your needs.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$50K - $2M
Amortization Options
Eligible Properties
- Single Family
- Multi-Family (1-4 units)
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable and verifiable income is required.
- •Debt-to-income ratio must meet FHA guidelines.
- •Income should be sufficient to cover mortgage payments and renovation costs.
- •Proof of employment and income documentation (pay stubs, tax returns) are necessary.
Asset Verification
- •Sufficient funds for the down payment and closing costs.
- •Reserves may be required depending on the loan amount and credit profile.
- •Assets can include savings, checking accounts, and investment accounts.
- •Documentation of all asset sources is required.
Insurance & Title
- •Homeowners insurance is required.
- •Mortgage insurance is required for the life of the loan.
- •Flood insurance may be required depending on the property location.
- •CMRE can assist in finding suitable insurance options.
Property Requirements
- •Minimum FICO score of 580 required.
- •A credit history demonstrating responsible borrowing behavior is essential.
- •Past bankruptcies or foreclosures may require a waiting period.
- •CMRE offers credit counseling to help improve your credit score.
FHA 203k Rehab Loans in Fort Worth: The Complete Guide
What Is FHA 203k Rehab Loans?
The FHA 203k loan program is designed to help borrowers purchase or refinance a home and include the cost of renovations in the mortgage. It's an excellent option for those looking to buy a fixer-upper and customize it to their liking. The program has two main options: the Limited 203(k) for minor repairs and cosmetic upgrades, and the Standard 203(k) for more extensive renovations.
Eligibility for FHA 203k Rehab Loans
- •Eligibility depends on the specific agency requirements (FHA/VA/USDA).
- •FHA: primary residence, meets HUD property standards, 580+ FICO (500 with 10% down).
- •VA: eligible military service or surviving spouse status, no down payment.
- •USDA: eligible rural area, income limits apply.
- •CMRE evaluates your situation and recommends FHA 203k Rehab Loans or alternatives with lower total cost.
CMRE Specialty Programs for FHA 203k Rehab Loans
- •VOE-Only FHA: qualify with employer verification only — no pay stubs or tax returns.
- •P&L FHA: CPA-prepared profit & loss for self-employed qualification.
- •FHA Streamline: refinance with no appraisal, no income verification.
- •VA IRRRL: streamline refinance for veterans with minimal documentation.
- •CMRE processes government loans faster than industry average.
Apply for FHA 203k Rehab Loans with CMRE
- •Step 1: CMRE determines eligibility and provides rate estimate.
- •Step 2: Documentation varies by program (standard, VOE-only, or P&L).
- •Step 3: Pre-approval within 24 hours.
- •Step 4: Government appraisal and underwriting coordinated by CMRE.
- •Step 5: Closing in 25-35 days from application.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →FHA 203k Rehab Loans in Fort Worth, TX
Fort Worth mortgage programs for DFW homebuyers. Conventional, FHA, VA, and investment lending. Custom Mortgage & Real Estate specializes in providing high-fidelity FHA 203k Rehab Loans solutions tailored to the unique economic landscape of Fort Worth and the surrounding Tarrant County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireFort Worth metropolitan area.
Service Areas & Neighborhoods
Our Fort Worth Presence
Local Knowledge. Global Rates.
200 Crescent Ct
Dallas, TX 75201
Direct Line
877-976-5669Common Questions About FHA 203k Rehab Loans in Fort Worth
What are current FHA 203k Rehab Loans rates in Fort Worth, TX?
FHA 203k Rehab Loans rates in Fort Worth depend on loan amount, credit profile, and property type. CMRE publishes updated Fort Worth rate ranges daily and provides locked quotes within 24 hours of application.
How long does FHA 203k Rehab Loans closing take in Fort Worth?
CMRE typically closes FHA 203k Rehab Loans loans in Fort Worth within 21-30 days from application. Pre-approval takes 24 hours, and our TX-licensed team coordinates title, escrow, and appraisal concurrently to save time.
What are FHA/VA loan limits in Tarrant County?
FHA and VA loan limits in Tarrant County are set annually by HUD and the VA. CMRE's Fort Worth team can confirm your current county limit and help you maximize your purchasing power within TX guidelines.
Do I need to be a veteran for FHA 203k Rehab Loans in Fort Worth?
VA loans require veteran status or active military service. For non-veterans in Fort Worth, CMRE offers FHA and USDA government-backed programs with similarly competitive rates and low down payment requirements.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
The minimum down payment for an FHA 203k loan is typically 3.5% of the loan amount.
Yes, the FHA 203k loan can be used to refinance an existing mortgage and include the cost of renovations.
The types of renovations allowed depend on the type of 203k loan. Limited 203k loans are for non-structural improvements, where Standard 203k loans can be used for structural improvements.
FHA: 580+ (500 with 10% down). VA: no official minimum (generally 580-620). CMRE evaluates each case.
Most government programs require owner-occupancy. VA allows multi-unit (up to 4) if you live in one.
FHA: $498,257-$1,209,750 by county. VA: no limit with full entitlement. Contact CMRE for your county.
Yes. CMRE's VOE-only and P&L specialty programs make government loans accessible to self-employed.
25-35 days with dedicated government lending teams. Pre-approval in 24 hours.
FHA 203k Rehab Loans by Location
Get local rates, loan limits, and market data for FHA 203k Rehab Loans in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
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Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
