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FHA 203k
Rehab ~
Remodel ~ Renovate ~ Refinance
Types of Property Improvements
Approved for this financing program
Structural
Alteration and Reconstruction:
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Changes for improved
functions and modernization
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Elimination of
health and safety hazards
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Changes for
aesthetic appeal
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Plumbing, heating,
air conditioning, and electrical upgrades
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Well and or septic
repairs
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Flooring, tiling,
and carpeting
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Energy conservation
improvements
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Major landscape and
site improvement
Other Eligible
Cost that may be financed into the mortgage loan:
Contingency reserve
(10%-20%)
Up to 6 months PITI
mortgage payments
Permit costs
Consultant fees
Inspection and Title
updates
Architectural and
Engineering fees (if need) |