Home not Eligible for FHA 203k LoanHi everyone... thanks to all who are taking the time to answer my question. I have found a property that I wanted to put an offer on. There is some minor repairs and renovation that I wanted to do, so as a first time home buyer through my lender... (pre-approved and all) we were going to go through the FHA 203k loan. I need about 10k to renovate. I just found out this property does not qualify for that kind of loan. It is a 3br 2.5ba condo for 80k. Can someone please give me some insight as to why it is not qualified, as well as maybe some other options I might be able to do instead? This property is in Austin Tx.thanksjJune 17 2012 - Austin00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.