Required Documents

Contractors will play a vital role in the renovation process and believe it or not, they are a part of the financing process too.

Since you’re borrowing funds to buy and renovate a property, we’ll work with the contractor too on the process. We disburse funds directly to the contractors and we make sure everyone is on the same timeline as well.

When you look for contractors, it’s important that they are licensed and insured. They must also do this full-time and have credentials. They can’t be someone doing this on the side or even you doing the work.

The key is to find contractors that have worked with the FHA 203K process before as they’ll be familiar with the timelines and requirements, offering the least amount of stress throughout the process.

It’s a good idea to get quotes from at least 3 contractors so you can compare costs and see which one best works with the FHA 203k loan process. Once you’ve found your contractor there are documents that will need to be filled out:

Click to download the Contractor Acceptance Packet.

Click to download the Work Plan to be filled out by borrower.

Are you looking to get Pre-Approved?


The Standard 203(k) may be used to purchase or refinance a home that needs remodeling and/or structural repairs. There is a minimum rehabilitation cost of $5,000 and the use of a 203(k) consultant is required.

Max completion time: 180 days (6 months)

Landscaping and hardscaping allowed

$5K minimum and no max repair amount

Structural changes are allowed


The Limited 203(k) may be used to purchase or refinance a home that needs minor remodeling and non-structural repairs not exceeding $35,000. The use of a 203(k) consultant is not required and there is no minimum rehabilitation cost.

Minor remodeling

HUD consultant is not required

Max completion time: 90 days (3 months)

No min and up to $35K in total renovations

Our goal is to provide excellent customer service.

Lori H

I’ve had the best experience for being a first time homebuyer,everyone was beyond helpful and explained all the steps in detail to someone with zero knowledge of the home buying process.

David A

My City was fantastic to work with. They were extremely knowledgeable and answered all questions quickly.

James S

Honestly, the process of me receiving and acquiring my mortgage was professional, efficient, and satisfying. I want to thank everyone at My City for they have done for me.

About the loan

This loan program provides financing to buy fixer-uppers and to fix them up all in one loan. It’s a great loan program that helps people buy homes they want and make them look how they want all without breaking the bank.

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