Streamlined 203(k)
Limited Repair Program

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FHA's Streamlined 203(k) program permits homebuyers to finance up to an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this new 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.

Any FHA-approved lender may originate a Streamlined 203(k) mortgage.

Find out more about the Streamlined 203(k) program by reading HUD Mortgagee Letter 2005-50, enhancements to "Streamlined (K)" Limited Repair Program.

More Information

	Rehab a Home with HUD's 203(k) Rehab Program
	Approved 203(k) Consultants Search
	Funds for Handyman-Specials and Fixer-Uppers
	Internet Links about 203(k)
	203(k) Mortgagee Letters
	203(k) FAQs
	S/F Lenders Homepage
	HUD Form 92700 203(k) Maximum Mortgage Worksheet (2/06)