FHA Stream Lines 203(k) Flashcards

1
Q

FHA 203(k) Streamline min FICO with AUS Approve/Accept?

A

620

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2
Q

FHA 203(k) Streamline min FICO for manually underwritten transaction?

A

660

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3
Q

FHA 203(k) Streamline Purchase allowed?

A

Yes

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4
Q

FHA 203(k) Streamline Refinance allowed?

A

Yes

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5
Q

FHA 203(k) Streamline NOO allowed?

A

NO

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6
Q

FHA 203(k) Streamline OO allowed

A

Yes

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7
Q

FHA 203(k) Streamline Energy Efficient Mortgage Permitted?

A

Yes

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8
Q

FHA 203(k) Streamline up to $______ in Financed Improvement Costs.

A

$35,000

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