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! 

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, Ontario, Mansfield, Pataskala, Alexandria,, OH

Rated 4.9 out of 5 stars based on 7 customer reviews

Map of Columbus, OH

Great Team To Work With Great Job




Working with Ryan was a pleasure and he is efficient and very involved with the whole process. I highly recommend Great Roofing


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 in Columbus due to wind damage, paid in full by the insurance company.

Near Chesterton Ln, Columbus, OH 43229
Columbus, OH - Full roof replacement in Columbus due to wind damage, paid in full by the insurance company.
Ryan L.

Ryan L.

Inspection for cedar siding replacement before a whole home repaint.

Near Perimeter Dr, Dublin, OH 43016
Dublin, OH - Inspection for cedar siding replacement before a whole home repaint.
Ryan L.

Ryan L.

Commercial roofing project starting today in downtown Westerville.

Near Haywood Alley, Westerville, OH 43081
Westerville, OH - Commercial roofing project starting today in downtown Westerville.
Ryan L.

Ryan L.

Multi- family roof inspection before purchase.

Near Thurman Ave, Columbus, OH 43206
Columbus, OH - Multi- family roof inspection before purchase.
Ryan L.

Ryan L.

Roof inspection for full replacement due to age. Will need a full redeck for code.

Near E Dunedin Rd, Columbus, OH 43214
Columbus, OH -  Roof inspection for full replacement due to age.  Will need a full redeck for code.
Ryan L.

Ryan L.

Full roof replacement with a new lifetime asphalt shingle.

Near Dempsey Rd, Westerville, OH 43081
Westerville, OH - Full roof replacement with a new lifetime asphalt shingle.
Ryan L.

Ryan L.

Roof inspection for wind damage. The roof will require full replacement.

Near Chesterton Ln, Columbus, OH 43229
Columbus, OH - Roof inspection for wind damage. The roof will require full replacement.
Ryan L.

Ryan L.

Inspection for storm damage, improperly flashed penetrations on all faces.

Near Whitneyway Dr, Columbus, OH 43085
Columbus, OH - Inspection for storm damage, improperly flashed penetrations on all faces.
Ryan L.

Ryan L.

More metal! Matterhorn Shake style is looking great!

Near Chestershire Rd, Columbus, OH 43204
Columbus, OH - More metal! Matterhorn Shake style is looking great!
Ryan L.

Ryan L.

Inspection for storm damage due to leaks and drywall damage.

Near S Old State Rd, Lewis Center, OH 43035
Lewis Center, OH - Inspection for storm damage due to leaks and drywall damage.
Ryan L.

Ryan L.

Work continues on this commercial redevelopment project in downtown Columbus.

Near S High St, Columbus, OH 43215
Columbus, OH - Work continues on this commercial redevelopment project in downtown Columbus.
Ryan L.

Ryan L.

Full roof replacement with a new Matterhorn Metal Roofing System.

Near Chestershire Rd, Columbus, OH 43204
Columbus, OH - Full roof replacement with a new Matterhorn Metal Roofing System.
Ryan L.

Ryan L.

Inspection for wind and hail damage. Roof will require full replacement.

Near Stoney Creek Rd, Columbus, OH 43235
Columbus, OH - Inspection for wind and hail damage. Roof will require full replacement.
Ryan L.

Ryan L.

Rubber roofing repair completed on this new store front in German Village. Metal coping installation next week.

Near Jaeger St, Columbus, OH 43206
Columbus, OH - Rubber roofing repair completed on this new store front in German Village. Metal coping installation next week.
Ryan L.

Ryan L.

Final touches on this FHA 203k remodel are complete!

Near High St, Brice, OH 43109
Brice, OH - Final touches on this FHA 203k remodel are complete!
Ryan L.

Ryan L.

Custom metal work for the PVC coated commercial roof.

Near Atlas St, Columbus, OH 43228
Columbus, OH - Custom metal work for the PVC coated commercial roof.
Ryan L.

Ryan L.

Temporary repair in order to establish a reasonably comfortable appearance for the insurance company. The shingles do not meet the reasonably comprable appearance test parameters and the roof will require full replacement.

Near Park Ave W, Mansfield, OH 44906
Mansfield, OH - Temporary repair in order to establish a reasonably comfortable appearance for the insurance company. The shingles do not meet the reasonably comprable appearance test parameters and the roof will require full replacement.
Ryan L.

Ryan L.

A GREAT view today from this commercial roof replacement in downtown Columbus!

Near S Wall St, Columbus, OH 43215
Columbus, OH - A GREAT view today from this commercial roof replacement in downtown Columbus!
Ryan L.

Ryan L.

Material loading on this pvc roofing application for a new commercial business downtown.

Near S Wall St, Columbus, OH 43215
Columbus, OH - Material loading on this pvc roofing application for a new commercial business downtown.
Ryan L.

Ryan L.

Interior leak commercial inspection.

Near Emerald Pkwy, Dublin, OH 43016
Dublin, OH - Interior leak commercial inspection.
Ryan L.

Ryan L.

Weekly BNI meeting being held at First & Main in New Albany. Phenomenal facility!

Near W Main St, Westerville, OH 43081
Westerville, OH - Weekly BNI meeting being held at First & Main in New  Albany. Phenomenal facility!
Ryan L.

Ryan L.

Inspection for wind damage and leaks on this commercial property in Dublin.

Near Lakehurst Ct, Dublin, OH 43016
Dublin, OH - Inspection for wind damage and leaks on this commercial property in Dublin.
Ryan L.

Ryan L.

Commercial flat roof inspection for leaks.

Near W Main St, Westerville, OH 43081
Westerville, OH - Commercial flat roof inspection for leaks.
Ryan L.

Ryan L.

Full siding replacement nearly complete on this Westerville wind damage insurance claim!

Near Library Rd, Westerville, OH 43081
Westerville, OH - Full siding replacement nearly complete on this Westerville wind damage insurance claim!
Ryan L.

Ryan L.

Porch carpentry work completed in preparing for a new Matterhorn Metal Roofing System.

Near Chestershire Rd, Columbus, OH 43204
Columbus, OH - Porch carpentry work completed in preparing for a new Matterhorn Metal Roofing System.

BBB Rating Columbus |  ABC Supply | Allied Building Products | GAF | Owens Corning | Tamko |