Statements (30)
Predicate | Object |
---|---|
gptkbp:instanceOf |
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
|
https://www.w3.org/2000/01/rdf-schema#label |
Section 203(k) program
|
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
|