AI-created image
Statements (30)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Federal_housing_program
|
| gptkbp:administeredBy |
gptkb:Federal_Housing_Administration
|
| gptkbp:allows |
financing of both purchase and renovation costs
|
| gptkbp:appliesTo |
one- to four-family dwellings
|
| gptkbp:availableOn |
gptkb:United_States
|
| gptkbp:eligibility |
luxury improvements
|
| gptkbp:eligibleProperties |
HUD-approved condominiums
mixed-use properties (with restrictions) primary residences |
| gptkbp:enables |
homebuyers to finance purchase and renovation with a single mortgage
homeowners to refinance and rehabilitate their homes |
| gptkbp:establishedBy |
gptkb:National_Housing_Act
|
| gptkbp:includes |
gptkb:Limited_203(k)_loan
gptkb:Standard_203(k)_loan |
| gptkbp:maximumLoanAmount |
subject to FHA mortgage limits
|
| gptkbp:minimumRepairCost |
$5,000 (Standard 203(k))
|
| gptkbp:partOf |
gptkb:U.S._Department_of_Housing_and_Urban_Development
|
| gptkbp:purpose |
rehabilitation and repair of single-family homes
|
| gptkbp:requires |
FHA-approved lender
appraisal based on improved value licensed contractor for repairs |
| gptkbp:targetAudience |
homeowners
homebuyers investors (with restrictions) |
| gptkbp:targetUser |
FHA-insured loan
|
| gptkbp:type |
mortgage insurance program
|
| gptkbp:website |
https://www.hud.gov/program_offices/housing/sfh/203k/203k--df
|
| gptkbp:bfsParent |
gptkb:Federal_Housing_Administration
|
| gptkbp:bfsLayer |
4
|
| https://www.w3.org/2000/01/rdf-schema#label |
Section 203(k) program
|