LENDERLINE^® is currently offering FHA 203(k) rehabilitation real estate loans for properties located in the State of California.

• The property must be located in the State of California.
• First-time homebuyer OK.
• Primary residence only.
• 96.5% loan-to-value down to 580 credit score.
• 90% loan-to-value with credit scores between 500-579.
• W-2 wage earner or self-employed.
• SFR, PUD, condos, townhomes and 2-4 units.
• Choose your own contractor.
• Choose your own architectural design.
• No maximum repair cost.
• Up to 6 months to complete the work.
• No reserves required with automated underwriting approval.
• Up to 50% DTI with automated underwriting approval.
• Up to 43% DTI with manual underwrite and/or non-traditional credit references.
• Loan limits are county-specific, click here for FHA loan limit look-up.
• 30-year fixed rate.
• No prepayment penalty.

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LENDERLINE^® is your FHA 203k rehabilitation lender of choice. Per FHA giuidelines, an FHA 203k rehab loan may be used to renovate a property you already own, or to purchase a property.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE^® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.