|
gptkbp:instanceOf
|
FHA loan program
|
|
gptkbp:administeredBy
|
gptkb:Federal_Housing_Administration
|
|
gptkbp:alsoKnownAs
|
FHA 203(k) Limited
|
|
gptkbp:appliesTo
|
purchase
refinance
|
|
gptkbp:appraisalRequirement
|
after-improved value
|
|
gptkbp:contractorRequirement
|
licensed contractor required
|
|
gptkbp:downPaymentRequirement
|
3.5% minimum
|
|
gptkbp:drawProcess
|
funds released in draws
|
|
gptkbp:eligibility
|
gptkb:government_agency
nonprofits
owner-occupants
|
|
gptkbp:eligibleProperties
|
condominiums
one- to four-unit residential properties
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Streamline 203(k)
|
|
gptkbp:ineligibleUses
|
luxury improvements
structural repairs
|
|
gptkbp:inspectionRequirement
|
final inspection required
|
|
gptkbp:insuranceType
|
FHA mortgage insurance
|
|
gptkbp:introduced
|
gptkb:U.S._Department_of_Housing_and_Urban_Development
|
|
gptkbp:maximumLoanAmount
|
FHA county loan limits
|
|
gptkbp:maximumRepairCost
|
$35,000
|
|
gptkbp:mortgageInsurancePremium
|
required
|
|
gptkbp:originationFee
|
up to 1% of loan amount
|
|
gptkbp:purpose
|
home renovation financing
|
|
gptkbp:repairTypes
|
gptkb:painting
minor remodeling
energy efficiency improvements
roof replacement
electrical repairs
plumbing repairs
HVAC replacement
appliance replacement
non-structural repairs
flooring replacement
|
|
gptkbp:selfHelpWork
|
limited
|
|
gptkbp:targetUser
|
mortgage
|
|
gptkbp:bfsParent
|
gptkb:Limited_203(k)
|
|
gptkbp:bfsLayer
|
7
|