Transform Your Home With Top FHA 203k Lenders

Types of FHA 203k Loans

There are two primary types of FHA 203k loans: the Standard 203k and the Limited 203k. The Standard 203k is ideal for more extensive renovations that may involve structural changes, such as room additions or major landscaping. In contrast, the Limited 203k, formerly known as the Streamline 203k, is suitable for smaller projects that do not exceed $35,000 and do not involve structural work. Both options provide the flexibility to address a wide range of home improvement needs.