FHA Standard 203(k) loan

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf mortgage loan
gptkbp:administeredBy gptkb:Federal_Housing_Administration
gptkbp:allows financing of purchase and renovation costs
gptkbp:alternativeTo gptkb:FHA_Limited_203(k)_loan
gptkbp:availableOn homeowners
homebuyers
gptkbp:canBe single-family homes
luxury improvements
1-4 unit properties
condominiums (with restrictions)
gptkbp:established 1978
https://www.w3.org/2000/01/rdf-schema#label FHA Standard 203(k) loan
gptkbp:includes mortgage insurance premium
contingency reserve
gptkbp:maximumLoanAmount FHA loan limits
gptkbp:minimumCreditScore 580
gptkbp:minimumDownPayment 3.5%
gptkbp:purpose home renovation
home repair
home purchase
gptkbp:requires FHA-approved lender
licensed contractor for repairs
property to be primary residence
gptkbp:type government-backed loan
gptkbp:bfsParent gptkb:FHA_Streamline_203(k)_loan
gptkbp:bfsLayer 7