FHA 203(k) loan

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf mortgage loan
gptkbp:administeredBy gptkb:Federal_Housing_Administration
gptkbp:allows financing of purchase and renovation costs
gptkbp:canBe single-family homes
luxury improvements
investment properties
multi-family homes (up to 4 units)
gptkbp:country gptkb:United_States
https://www.w3.org/2000/01/rdf-schema#label FHA 203(k) loan
gptkbp:insuranceType mortgage insurance premium
gptkbp:introducedIn 1978
gptkbp:maximumLoanAmount subject to FHA loan limits
gptkbp:minimumDownPayment 3.5%
gptkbp:purpose home renovation
home purchase
gptkbp:requires primary residence occupancy
licensed contractor for renovations
gptkbp:subspecies gptkb:Limited_203(k)_loan
gptkb:Standard_203(k)_loan
gptkbp:targetBorrower homeowners
homebuyers
gptkbp:type government-backed loan
gptkbp:bfsParent gptkb:Federal_Housing_Administration_(FHA)
gptkbp:bfsLayer 6