Q: What are some of the repairs that qualify for the first $5,000 on 203K Loan?


A: Structural alterations and reconstruction: (Repair or replacement of structural damage, chimney repair, additions to the structure, installation of additional bath(s), skylights, finished attics and/or basements, repair of termite damage and the treatment against termites)

Elimination of health and safety hazards.

Changes for aesthetic appeal:
(New siding, adding a dormer, covered porch, attached garage).

Air Conditioning or replacement:
(plumbing, heating, air conditioning and electrical systems).

Installation of well, septic system or connection to public utilities.

Roofing, Gutter Downspouts, Flooring, Tiling and carpeting.

Major landscape and site improvement.

Improvements to improve accessibility and functions for the disabled.

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