How much is required to put down on an fha 203k?

3.5% of the total purchase price plus the amount of the repairs. What has to be made certain is that the property will appraise for the contract plus repairs. This is where a very good realtor who can assist with comparable sales in advance of the contract helps to make sure that you are not trying to "over rehab" a home. If you need any additional info please let me know. - Jeffrey Schnell BNC Bank NMLS 409473- 316-206-3158 jschnell@bncbank.com

3.5% of (the purchase price plus construction costs). I am local. Call 504 931 3086.

3.5% of (purchase price plus construction costs). I am local. Call 504 931 3086.