203k Loans: The Smartest Way to Buy & Renovate in Indiana & Ohio

Looking for the perfect home in Indiana or Ohio but finding most are either overpriced or need major work? An FHA 203k Loan could be your solution. This all-in-one mortgage combines your home purchase and renovation costs into a single loan, making it easier and more affordable to transform a fixer-upper into your dream home.

With a low down payment (as little as 3.5%), you can finance upgrades like kitchen remodels, bathroom renovations, roof replacements, HVAC updates, and even structural repairs — all at closing. It’s ideal for first-time buyers and anyone who wants to build instant equity.

Indiana and Ohio are full of homes with strong potential in great locations — from historic properties in Indianapolis to hidden gems in Cincinnati and Dayton. With a 203k loan, you can buy these overlooked homes and make them exactly how you want from day one.

At Gregory Property Services, we handle every step — from inspection and cost estimating to renovation oversight — so your 203k project runs smoothly.