What closing costs come with an FHA 203(k) loan — FHA fees, MIP, consultant charges, inspections, and cash-to-close tips.
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FHA 203(k)
Closing Costs
FHA 203(k) includes the usual FHA purchase or refinance fees — plus renovation extras like consultant charges on Standard, draw inspections, and sometimes financeable permit or architectural costs. Knowing cash-to-close early keeps a fixer-upper from stalling at the table.
Four groups that usually appear on a 203(k) Loan Estimate.
Your down payment (as low as 3.5% on a qualifying purchase) is only part of what you bring to closing. Prepaids, some third-party fees, and any non-financeable rehab costs still need liquid funds — even when purchase and rehab dollars combine into one loan.
Seller concessions can offset eligible closing costs within FHA caps. Gift funds may help with down payment and some costs when gift rules are met. Contingency reserves inside the rehab escrow are not the same as cash in your pocket at closing.
Ryan and Steve separate “must write a check today” from “rolls into the loan” so your cash plan matches the actual Loan Estimate — not a vague internet percentage.
Share your purchase price, rehab budget, and credit profile — Ryan & Steve will estimate FHA 203(k) fees, MIP, and cash due at closing.
All loans are subject to credit and property approval. FHA program guidelines, eligible improvement lists, MIP rules, and pricing are subject to change without notice and may not be available in all areas. This website is not affiliated with or endorsed by HUD, FHA, or any government agency. Information is for educational purposes only and is not a commitment to lend.