Proud to be listed as a Certified 203k Contractor in Columbus, Great Roofing and Restoration is always prepared to tackle the processes involved in an FHA 203k home loan renovation.  

Remember, we’re more than a roofer.  We can handle anything from exterior to interior work.  Roofing, drywall, paint, flooring, kitchens and baths, you name it!

Throughout the 203k process many steps are involved for both the homeowner and their 203k contractor.  From permits to inspections, draws to final invoicing, our knowledge of the 203k home loan process will assist you in getting your new home (or current) rehabbed to your liking.

Currently Columbus is a booming real estate city, with many opportunities to invest in a new home.  From Old Town East to Grandview and many of the other historical districts, older homes are being rejuvenated all around the city.  How a 203k loan can help is by providing the funds to fix up a home you want to invest in, without taking money right out of your pocket.

Again, we are a certified 203k Contractor.  That certifications helps us be able to help you through the process.  Here’s a short description of what our education process entails:

Becoming a Certified 203k Contractor by being approved to be listed on the National Directory of Certified 203k Contractors for an FHA 203k loan (click here for national Certified 203k Contractor directory from 203kContractors.com), involves education and testing as well as verification of credentials, references and residential remodel/rehabilitation/construction experience. The 203k Contractor Certification program enables contractors to have the knowledge necessary to master their role as a 203k Contractor, properly and efficiently participate with 203k renovation jobs and to connect with borrowers, lenders, sellers, asset managers and real estate agents who are in need of a Certified 203k Contractor

The process is pretty simple.  Let’s say you want to buy a $200,000 home, and want $30,000 in renovations done to it.  This would qualify for a Streamline 203k loan (assuming no structural changes).  The bank would then allow for a disbursement of half the funds up front.  This will allow us to pay our labor bills, while the material is paid for using our accounts.  Once the work is complete the mortgage company would do an inspection and the final total amounts would be released.  Your $200,000 home, now with $30,000 in renovations, is now a $230,000 mortgage.  Most renovations of this kind raise the value of the home beyond the $30,000 investment, which is instant equity for you!

The best part is that even if you already own your home the FHA 203k rehab loan is a great opportunity for refinancing!  You can refinance, hire a 203k contractor in Columbus, and then have a full renovation done on your home.

Here are some benefits of using a 203k home loan and a 203k Contractor in Columbus:

203k Benefits to Buyers/Borrowers

  • Renovate home with little/no additional out-of-pocket expense
  • Low down payment (3.5%)
  • Combine purchase/refinance + rehab funds into one low-interest, tax-deductible mortgage which is based on the improved appraised value
  • Include mortgage payments into 203k if home is not livable during renovations
  • Submit a strong purchase offer if presented properly to seller
  • Buyers face less competition from other buyers to purchase fixer-uppers, foreclosures or older homes that are outdated
  • Better opportunities for “good deals” on home purchases
  • Ability to purchase properties that may not meet FHA standards and complete the repairs/improvements AFTER the home is purchased.
  • Select from a larger selection of properties for sale (in any condition), including condos, townhouses, mixed-us, multi-family, single-family dwellings and those that do not currently meet FHA standards
  • When offer is presented properly to seller, 203k offers may be advantageous in a competing offer situation as the seller does not have to fix-up or repair the property but instead allow the buyer to include these items into their 203k mortgage and complete the improvements after closing using the buyer’s own style and design.

203k Benefits to Home Owners & Sellers

  • Market property to more buyers
  • Allow buyers the opportunity to renovate, upgrade or improve to suit their tastes and preferences
  • No need to settle for low-ball cash offers
  • Current condition of property not required to meet FHA’s property standards
  • Buyer is permitted to correct any property deficiencies after close of escrow
  • No more inspection concerns
  • Absolutely no repairs are required prior to close of escrow
  • Seller not responsible for cost of repairs/improvements
  • Transaction will close with property in “AS-IS condition
  • Closing occurs in 45 days

203k Benefits to Realtors® & Lenders

  • Increase income by selling more homes and originating more loans
  • Raise real estate values by improving homes and neighborhoods
  • Decrease foreclosure inventory
  • Help buyers who previously could not buy homes
  • Help seller/owners with properties in outdated or fix-up condition
  • Spur economic growth by creating job opportunities for the construction/remodeling industry
  • Promote an under-utilized niche program that not many Realtors® or Lenders understand
  • Revitalize your community


Finding a 203k lender in Columbus is easy.  Just access this HUD guideline. 

Also a list of lenders from the 203kContractor.com website is available for the state of Ohio. 

So you may be asking, which 203k loan is right for your renovation?  Whether streamline or full, we are equipped to help you through the entire 203k process.

The FHA 203k Standard/Full allows for structural modifications, additions, landscaping, and architect and engineer contracting, and requires the use of a HUD approved 203k Consultant. The renovation cost for the Standard/Full 203k version is minimum $5,000 and the maximum is the FHA mortgage limit for the area in which the property is located (up to $1.4Million – some restrictions apply).  Click Here to access the maximum FHA mortgage limits for all areas.
The Streamline 203k version, on the other hand, will not allow for structural modifications, landscaping, etc., and renovations have no minimum amount but have a maximum limit of $35,000 (some restrictions apply).
– 203kContractors.com

Looking for a Realtor who is familiar with the 203k or other rehab loan process? Here are a few of the realtors we know will handle your home buying process well. Click to connect with them! 

Denise Bohnert

Justin Schaefer

Looking for a lender that is familiar with the process and easy to work with? See below! 

Mario Cua

Local Reviews
for Columbus, Lewis Center, New Albany, Powell, Gahanna, Victorian Village, German Village, Upper Arlington, Canal Winchester, Westerville, Grove City, Hilliard, Dublin, Reynoldsburg, Senecaville, Worthington, Galloway, Grove Port, Delaware, Utica, Nova, Brice, Centerburg, Bluffton, OH

Rated 4.8 out of 5 stars based on 6 customer reviews

Map of Westerville, OH

the best roofing job I have ever gotten




We had a roof that was put on over 2 other layers that was 20 years old and leaking. Ryan came by to let us know the roof we had was on recall and thought the insurance might cover it. He inspected the roof and confirmed it was a recall roof. We didn't have to do another thing. Ryan contacted the insurance, and set everything up. They took the old roof off and put the new one on in ONE DAY.. The crew was polite efficient and did an outstanding job. They came back inspected everything and all we were out was our deductible. I would highly recommend great roofing and would use them again. Larry Neidiffer of Westerville Ohio


Map of Westerville, OH

Quick and proficient




Great roofing addressed our issue within 48 hours. It was a quick and easy process and the issue is resolved.


Map of New Albany, OH

Great price and superb service




I contacted Great Roofing a week ago about how my roof had some shingles that were damaged and a fascia board that was water damaged. I explained to them that I needed it done pretty quickly. Within a week they came out and did a wonderful job and were priced way below their competitors. I will refer them to my neighbors and friends.


Map of Westerville, OH

LIGHTNING STRUCK MY HOUSE




Ryan answered my questions and represented me when the insurance adjuster examined the damage. They determined a new roof was needed and upgraded to current building codes. Ryan resolved several issues and the roof was replaced in one day.


Map of Lewis Center, OH

Great Fast Service





Map of Senecaville, OH

Great Product,Technical Support and Installation




Ryan was extremely helpful , knowledgable in roofing matters and readably accessible. Install crew was easy to work with and did a great job.Love the metal roof.


Ryan L.

Ryan L.

Full roof replacement.

Near N Brinker Ave, Columbus, OH 43204
Ryan L.

Ryan L.

IKEA cabinet installation in this FHA 203k renovation.

Near High St, Columbus, OH 43202
Columbus, OH - IKEA cabinet installation in this FHA 203k renovation.
Ryan L.

Ryan L.

Roof inspection for leaking.

Near Oak St, Columbus, OH 43205
Columbus, OH - Roof inspection for leaking.
Ryan L.

Ryan L.

Wind damage inspection on a large commercial rubber roof.

Near Goodale Blvd, Columbus, OH 43212
Columbus, OH - Wind damage inspection on a large commercial rubber roof.
Ryan L.

Ryan L.

Chimney inspection for new tuck pointing.

Near Greenway Ave N, Columbus, OH 43219
Columbus, OH - Chimney inspection for new tuck pointing.
Ryan L.

Ryan L.

Garage roof replacement due to age and deterioration.

Near Sullivant Ave, Columbus, OH 43223
Columbus, OH - Garage roof replacement due to age and deterioration.
Ryan L.

Ryan L.

Commercial flat roof replacement with a new GAF Everguard TPO system.

Near Thurman Ave, Columbus, OH 43206
Columbus, OH - Commercial flat roof replacement with a new GAF Everguard TPO system.
Ryan L.

Ryan L.

Commercial flat roofing redevelopment inspection.

Near Linwood Ave, Columbus, OH 43205
Columbus, OH - Commercial flat roofing redevelopment  inspection.
Ryan L.

Ryan L.

Metal roofing inspection due to improper installation of edge materials and chimney flashing.

Near E Mithoff St, Columbus, OH 43206
Columbus, OH - Metal roofing inspection due to improper installation of edge materials and chimney flashing.
Ryan L.

Ryan L.

Roofing inspection for replacement due to age.

Near E Mithoff St, Columbus, OH 43206
Columbus, OH - Roofing inspection for replacement due to age.
Ryan L.

Ryan L.

Insurance adjustment for wind damage to the siding.

Near Walnut St, Columbus, OH 43230
Columbus, OH - Insurance adjustment for wind damage to the siding.
Ryan L.

Ryan L.

Full home inspection for roofing replacement due to wind damage and exterior painting.

Near Central College Rd, New Albany, OH 43054
New Albany, OH - Full home inspection for roofing replacement due to wind damage and exterior painting.
Ryan L.

Ryan L.

Full inspection for wind damage to the roofing.

Near Melbourne Pl, Worthington, OH 43085
Worthington, OH - Full inspection for wind damage to the roofing.
Ryan L.

Ryan L.

Commercial flat roof tear off for decking replacement due to extensive water damage.

Near Jaeger St, Columbus, OH 43206
Columbus, OH - Commercial flat roof tear off for decking replacement due to extensive water damage.
Ryan L.

Ryan L.

Weekly BNI chapter meeting in Gahanna, with a full house on Visitor's Day!

Near Clark State Rd, Gahanna, OH 43230
Gahanna, OH - Weekly BNI chapter meeting in Gahanna, with a full house on Visitor's Day!
Ryan L.

Ryan L.

Full home inspection for an FHA 203k renovation.

Near Meadowdale Ave, Columbus, OH 43219
Columbus, OH - Full home inspection for an FHA 203k renovation.
Ryan L.

Ryan L.

Roof inspection for full replacement in Westerville.

Near Thornbush Dr, Westerville, OH 43082
Westerville, OH - Roof inspection for full replacement in Westerville.
Ryan L.

Ryan L.

Resurfacing of the old hardwood floors in this 1890s home as part of an FHA 203k renovation.

Near High St, Brice, OH 43109
Brice, OH - Resurfacing of the old hardwood floors in this 1890s home as part of an FHA 203k renovation.
Ryan L.

Ryan L.

Full roof replacement completed.

Near N Brinker Ave, Columbus, OH 43204
Columbus, OH - Full roof replacement completed.
Ryan L.

Ryan L.

Commercial roofing and attic inspection for new replacement roofs and blown-in insulation to code.

Near Billingsley Rd, Columbus, OH 43235
Columbus, OH - Commercial roofing and attic inspection for new replacement roofs and blown-in insulation to code.
Ryan L.

Ryan L.

New IKO lifetime roofing system almost fully installed.

Near Wilson Ave, Columbus, OH 43205
Columbus, OH - New IKO lifetime roofing system almost fully installed.
Ryan L.

Ryan L.

Full inspection for an FHA 203k home loan rehab. Full gut job, new everything.

Near Wilson Ave, Columbus, OH 43205
Columbus, OH - Full inspection for an FHA 203k home loan rehab. Full gut job, new everything.
Ryan L.

Ryan L.

Commercial flat roof inspection for replacement with a new EPDM system.

Near Goodale Blvd, Columbus, OH 43212
Columbus, OH - Commercial flat roof inspection for replacement with a new EPDM system.
Ryan L.

Ryan L.

Full roof replacement due to age with a new lifetime dimensional shingle!

Near N Brinker Ave, Columbus, OH 43204
Columbus, OH - Full roof replacement due to age with a new lifetime dimensional shingle!
Ryan L.

Ryan L.

GAF EverGuard TPO commercial roof fully finished.

Near Jaeger St, Columbus, OH 43206
Columbus, OH - GAF EverGuard TPO commercial roof fully finished.

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