What are the minimum and maximum amounts for repair costs under this program? Given the need for homeowners to make minor repairs without exhausting personal savings, and in consideration of the increasing cost of materials, the minimum repair cost of $5,000 is eliminated and the ceiling is now raised to $35,000. This revised maximum repair/rehabilitation amount recognizes the cost of making older homes more energy efficient. Note that as described below, when the repairs exceed $15,000, the mortgagee must perform or obtain an inspection to determine that all listed repairs were completed.

What improvements are eligible under the new Streamlined (k) program?

The Streamlined (k) program is intended to facilitate uncomplicated rehabilitation and/or improvements to a home for which plans, consultants, engineers and/or architects are not required. The Streamlined (k) program includes the discretionary improvements and/or repairs shown below:
Repair/Replacement of roofs, gutters and downspouts

Repair/Replacement/upgrade of existing HVAC systems

Repair/Replacement/upgrade of plumbing and electrical systems

Repair/Replacement of flooring

Minor remodeling, such as kitchens, which does not involve structural repairs

Painting, both exterior and interior

Weatherization, including storm windows and doors, insulation, weather stripping, etc.

Purchase and installation of appliances, including free-standing ranges, refrigerators, washers/dryers, dishwashers and microwave ovens

Accessibility improvements for persons with disabilities

Lead-based paint stabilization or abatement of lead-based paint hazards

Repair/replace/add exterior decks, patios, porches

Basement finishing and remodeling, which does not involve structural repairs

Window and door replacements and exterior wall re-siding

Septic system and/or well repair or replacement

Solar system installation


The 203(k) consultant is someone who has been designated by a HUD field Office to act as a consultant to borrowers for the purpose of completing the Work Write-Up/Cost Estimate and the required architectural exhibits. Any format may be used for the Work Write-Up documents; however, quantity and the cost of each item must be shown, as well as a complete description of the work for each item on a room by room basis. The fee for Streamline 203K Projects is $300.00.plus a final inspection fee of $150.00.. All 203K assignments under $30,000 will be streamline 203K Projects

The fee schedule for full 203K Projects; including complete Work Write-Up with all required disclosures & exhibits is available on request.

The consultant may occasionally require engineering, structural, architectural, or other exhibits/inspections that require an outside professional. The cost for such exhibits/inspections is above the regular fee.

To complete the Work Write-Up, the consultant will meet with the borrower at the subject property to complete a walk through inspection. The consultant will note all FHA minimum property standards and required repairs and will find out what additional repairs, renovations, upgrades, etc., the borrower may want. The consultant must also make sure the property meets the $5,000 minimum required/eligible repair guidelines. Finally, the consultant must include a termite and moisture report with the compiled Work Write-Up.