203K Loan - 203K Lender that Makes Renovation Loans Easy FHA 203K - ONE Loan, ONE Closing, flexible credit, low down payments and current condition of the property is not an issue. The PERFECT mortgage for the foreclosure driven market in Public bookmarkswith 203k_lender203k_loan Note: FHA 203K - ONE Loan, ONE Closing, flexible credit, low down payments and current condition of the property is not an issue. The PERFECT mortgage for the foreclosure driven market