Or, you could get an alternative to the 203k loan that is a regular conventional loan if the repairs or no more than $15k.
Any questions let me know, good luck to you.
HomePathÂ® Renovation Mortgage Financing: http://www.fanniemae.com/homepath/financing/index.jhtml
FHA 203k Rehabilitation Loan Program: http://www.hud.gov/offices/hsg/sfh/203k/203kmenu.cfm
Or, you may contact Dorothy Reynolds (702) 461.3700. She is licensed to do mortgage loans in California. Dorothy is an experienced lender with back end loan processing background. This is valuable experience to help the borrower of being ready for any potential delays or pitfalls during the loan process. Additionally, her experiences in conventional, Fannie Mae, Freddie Mac, FHA, and VA loan programs help to provide the borrower with alternative loan programs that best fit the borrower's affordability.
I hope the information helps.
Phone: (626) 529-3072
We also have partnered with several of the large home renovation retail stores, including Lowe's, Home Depot and Sears to allow our clients to price the additional costs, set up a general contractor who will be approved and to allow us to see the maximum financing options for each individual situation.
I would be more than willing to discuss these finance options as they apply to your situation. My website is listed below which includes many home buying guides, renovation loan programs, an online application, and also my contact information.