Indiana Real Estate Post

Q & A on FHA 203k Streamline

There has not been a time in history where the FHA 203k Streamline Rehab Loan has been as important is it is today in financing homes in America. Here are the most Frequently asked Questions and Answers on the FHA 203k Streamline Rehab Loan.  Q: What is the difference between the streamline 203k and the regular 203k? A: The streamline 203k has a cap of $35,000 including fees, with no minimum repair cost.  It is designed as a “refurbish and rehab” loan for borrowers to finance non-structural and cosmetic repairs only.  The full 203k may be used for structural re...

October 14th, 2011 | HUD - FHA Financing Programs, Q & A on FHA 203k Streamline

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