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Renovation

Standard vs Streamline

Eligible Properties

Eligible Improvements

Documentation

Valuation Procedures

Processing 203(k)

Underwriting 203(k)

Eligible 203(k) Program Properties

The 203(k) can be used for nearly everything ever built, within reason, as long as the finished restoration meets FHA's property and program guidelines.

What Improvements Can Be Made?

Imagine everything it takes to build a house.  Almost everything you just thought of can be included in the renovation financing with the 203(k) Programs; as long as the improvement addes value, addresses health and safety requirements and can be supported by the market (i.e. not over-improvements or "luxury").