FHA 203(k) Streamline loan

GPTKB entity

Statements (33)
Predicate Object
gptkbp:instanceOf mortgage loan program
gptkbp:administeredBy gptkb:Federal_Housing_Administration
gptkbp:alternativeName gptkb:FHA_Limited_203(k)_loan
gptkbp:availableOn U.S. citizens
permanent residents
non-permanent resident aliens with eligible status
gptkbp:designedFor homeowners
homebuyers
gptkbp:downPaymentRequirement 3.5% minimum
gptkbp:eligibleProperties one- to four-unit residential properties
gptkbp:excludes major structural repairs
https://www.w3.org/2000/01/rdf-schema#label FHA 203(k) Streamline loan
gptkbp:improves minor remodeling
energy efficiency improvements
non-structural repairs
gptkbp:insuranceType FHA mortgage insurance
gptkbp:maximumLoanAmount subject to FHA loan limits
gptkbp:maximumRepairAmount $35,000
gptkbp:minimumCreditScore varies by lender
gptkbp:partOf gptkb:FHA_203(k)_loan_program
gptkbp:prohibits swimming pools
luxury improvements
outdoor kitchens
gptkbp:purpose home renovation financing
gptkbp:requires FHA-approved lender
contractor bids
property appraisal
gptkbp:targetUser adjustable-rate
fixed-rate
gptkbp:usedFor purchase and renovation
refinance and renovation
gptkbp:bfsParent gptkb:Standard_203(k)_loan
gptkbp:bfsLayer 6