Bad Credit? No Problem Approved Your Loan In 3 Minutes

Apply Now Approved Upto $35,000 Over 350 Direct Lenders

Your Loan
APR Ranges From 5.99% up to 35.99% For Qualified Customers
91 Day Minimum up to 72 Month Maximum Repayment Period
We use 256 bit SSL technology to encrypt your data.

Get Started

Our online application is fast, secure, and easy.

Get a Fast Decision

We ensure a speedy process.

Get Your Cash

Receive your cash as soon as the next business day.

Understanding the 403k Loan: A Comprehensive Guide

Financing a home is never an easy feat. The rising cost of homeownership continues to make owning a home a distant dream for many Americans. However, with programs like the 403k loan, home ownership may finally be within reach. If you're looking to buy your first home, here's what you need to know about the 403k loan.

What is a 403k loan?

Simply put, a 403k loan is a mortgage that is designed for home buyers who need financial assistance. These loans are insured by the Federal Housing Administration (FHA) and are exclusive to people who work in the public sector, such as teachers, police officers, firefighters, and other government employees.

The 403k loan program provides flexibility to home buyers, allowing them to choose from two types of loans: the Standard 403k loan and the Limited 403k loan.

Standard 403k Loan

The standard 403k loan is a full-sized loan that allows home buyers to borrow up to 110% of the home's projected value after improvements. This loan is ideal for people who want to buy a fixer-upper and make extensive renovations, such as replacing the roof, windows, or even the foundation.

Limited 403k Loan

The limited 403k loan, on the other hand, is suitable for home buyers who want to make minor renovations or repairs to their homes. This loan allows home buyers to borrow up to $35,000 for repairs, such as fixing a leaking roof, replacing an HVAC unit, or upgrading electrical wiring.

Qualifying for a 403k Loan

To apply for a 403k loan, home buyers need to meet the following requirements:

Home buyers who meet these requirements can apply for a 403k loan through a participating lender, such as a bank or credit union.

Advantages of a 403k Loan

The 403k loan has several benefits for first-time home buyers, including:

Limitations of a 403k Loan

While the 403k loan program offers many advantages to home buyers, it also has some limitations, including:


In conclusion, the 403k loan is a great option for first-time home buyers who need financial assistance to buy a home. With flexible loan options, low down payments, and funding for repairs and renovations, the 403k loan can help make homeownership more accessible. However, it's important to consider the limitations of the loan program before applying.

Get A Loan Now Quickly And Easily

Representative Example
APR, Total Loan Costs & All Applicable Fees

Loan Amount $1,000 $2,000 $5,000 $10,000
Interest Rate 24% 19% 13% 8%
Loan Term 12 Months 24 Months 48 Months 60 Months
Fee 3% 5% 8% 10%
Fee Cost $30 $100 $400 $1,000
Repayment $94.56 $100.82 $131.67 $202.28
APR 29.82% 24.12% 18.23% 9.20%
Total Payments $1,134.72 $2,419.68 $6,320.12 $12,136.80
Total Costs $164.72 $519.68 $1,720.12 $3,136.80

The website is not an offer to lend. The website only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. The website operators are not lenders, do not make loans of any type, and do not make credit decisions.

The website collects personal information provided by you and forwards it to partners in our lender network. You are under no obligation to use this website or service to initiate, contact, nor apply for credit or any loan product with any service provider or lender. Loan amounts vary from $100 and $35,000 but not all lenders can provide up to $35,000. Providing your information on the website does not guarantee you will be approved for a loan or credit product.

Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. If you have any questions, contact your lender directly for details, questions, or concerns regarding your loan or credit product. Short-term cash loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution.

This service and lenders are not available in all states. Lenders may perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union or may perform alternative credit checks or consumer reports through alternative providers. By submitting your request, you acknowledge, agree, and authorize that (a) your information may be sent to lenders and/or third-party partners on your behalf, and (b) such lenders may obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax to evaluate your creditworthiness.

Address: 557 W Lake Ave NW Atlanta Georgia 30318
Email Address:

© 2021 All rights reserved.