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Why is Cobblestone Development the Best Choice for Your 203k Project?

Cobblestone Development has earned the designation of being a Certified 203K Contractor.

As a Certified 203K Contractor, we are able to provide professional guidance to those who would like to rehab or improve their home.  We will guide you through the process of planning, constructing, security approval, and completing your home improvement.  

What is a 203k Loan? 

  • Allows the homeowner to finance repairs/improvement by putting the money into their mortgage
  • You are only obtaining one loan for both the purchase and repairs of the home
  • This loan can be added onto your existing mortgage
  • Allows the homeowner to have 'intent equity' on their new home if it is a foreclosure.

Acceptable Repairs/Modifications for 203K 

  • Energy efficient upgrades
  • Roof, Gutters, and downspouts
  • HVAC system
  • Plumbing and electrical systems
  • Flooring
  • Kitchen remodeling 
  • Paint, both exterior and interior
  • Weatherization
  • Appliances
  • Accessibility improvements for person with disabilities 
  • Lead-based paint stabilization
  • Decks, patios, porches
  • Basement finishing and remodeling
  • Basement water proofing 
  • Window and door replacement
  • Exerior wall re-siding
  • Sepetic system
  • Structural repairs

Property Types that qualify for a 203k Loan

  • Four unit dwellings
  • Single Family Detached Homes
  • Duplexes 
  • Triplexes
  • 4-plexes
  • Condominiums (restrictions apply)
  • Mixed-Used Residential (certain restrictions apply) 


Cobblestone's 20+ years of knowledge and experience will guide you through the rehab of your home. 


203k Projects Gallery