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FHA's
Streamline 203(k) Mortgage
The
“Streamline (K)” Limited Repair Program permits homebuyers to finance
an additional $35,000 into their mortgage to improve or upgrade
their home before move-in. With this product, homebuyers can quickly
and easily tap into cash to pay for property repairs or improvements,
such as those identified by a home inspector or FHA appraiser. More...
FHA's
203(k) Mortgage
The
Section 203(k) program is HUD's primary program for the rehabilitation
and repair of single family properties. As such, it is an important
tool for community and neighborhood revitalization and for expanding
homeownership opportunities. To find out how to become a 203k consultant,
read HUD
mortgagee letter 00-25 and How
to Become an Approved 203k Consultant.
Visit
the FHA
Resource Center for more 203(k) information.
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