FHA 203(k) Loan

203kThe Federal Housing Administration insures these loans to give people with less-than-perfect credit the opportunity to finance a home with a low down payment.

  • Low credit score requirements.
  • Compensating factors are considered to qualify for this loan.

General Loan Requirements

Your Down Payment    
3.5%

Terms Available
15 and 30
(fixed rates only)

Minimum Credit Score
620

Mortgage Insurance
Yes

Ready to Apply?

PRMI provides you with a streamlined application process called ClickApproval that is much faster than traditional ways of applying for a mortgage.

Our process is simple and secure. Apply knowing the information you provide is safe and protected. Click now for an exceptional mortgage experience.