Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

FHA 203K Re-hab Loan Repair Guide; Qualifying and Non-Qualifying Repairs
Here is a quick guide I received from my loan officer regarding what you can and can not repair when using the FHA 203K rehab loan.  Remember this is just a guide and not an everything list.  Also remember the contractor doing the work needs to be approved by FHA 203K.
 Borrower(s) Shopping Guide to Qualified Repairs Allowed with 3.5% Down
Minimum Down 3.5% of Total Project Cost (Funds can be own or gifted) 
Examples of repairs that would qualify for the program:
Repair/ Replacement of roof, gutters, downspouts with permit
Heating/air conditioning- possible permit
Upgrade/Repair plumbing, and electrical systems with permits
Septic system and/or well repair or replacement with permits
Replacement of flooring, windows, doors, exterior wall re-siding
Minor remodeling such as kitchen or bath with no structural repairs, permit maybe required
Painting of exterior/interior
Purchase and installation of appliances
Handicapped accessibility improvements
Weatherization, painting, basement waterproofing
Repair/replace/add deck, patio or porch with permit
Minor remodels that do not involve structural repairs
Basement finishing and remodeling, which does not involve structural repairs with a permit
Pool repair maximum of  $1,500 in repairs allowed
Examples of repairs that do not qualify for the program:
Major rehabilitation or major remodeling, such as ... more

__________________________________________________
Are you on The Rain? Grow Your Network!