FHA 203K Streamline (Home Improvement)


The “Streamline (K)” Limited Repair Program permits homebuyers to finance an additional $35,000 into their mortgage to improve or upgrade their home before move-in.

Eligible Improvements include:

  • Roofs, gutters, Downspouts
  • Upgrade or replace existing heating and/or air-conditioning systems
  • Upgrade or replace plumbing and electrical systems
  • Flooring (non structural repair or replacement)
  • Painting Interior/Exterior
  • Lead-Based paint stabilization or abatement of lead based paint
  • Minor remodeling that does not involved structural repairs. Bathrooms and kitchens. 
  • New appliances (Range/Oven, Microwave, Refrigerator, Washer Dryer)
  • Improvements for accessibility for persons with disabilities
  • Energy Efficient Improvements
  • Basement finishing
  • Connection to public water or sewer.
  • Repair or replacement of septic tank.

Ineligible Improvments include:

  • Pool repair or construction
  • Sidewalk or Drive repair or addition
  • Landscaping
  • Repair of structural damage\
  • New construction or addition rooms.
  • Repairs that would include the moving of load bearing walls.

 Call your FHA expert at Professional Mortgage Corp.  804 344-LOAN (5626)