FHA Stream Lines 203(k) Flashcards
1
Q
FHA 203(k) Streamline min FICO with AUS Approve/Accept?
A
620
2
Q
FHA 203(k) Streamline min FICO for manually underwritten transaction?
A
660
3
Q
FHA 203(k) Streamline Purchase allowed?
A
Yes
4
Q
FHA 203(k) Streamline Refinance allowed?
A
Yes
5
Q
FHA 203(k) Streamline NOO allowed?
A
NO
6
Q
FHA 203(k) Streamline OO allowed
A
Yes
7
Q
FHA 203(k) Streamline Energy Efficient Mortgage Permitted?
A
Yes
8
Q
FHA 203(k) Streamline up to $______ in Financed Improvement Costs.
A
$35,000