As we mentioned, standard 203(k) loans cover more extensive renovations compared to the streamline 203(k). In any case, a 203(k) loan is meant to cover home improvements that range from things like curb appeal and energy efficiency to structural and safety issues. A standard 203(k) loan can finance renovations such as moving load-bearing walls, major landscaping issues, sidewalk or driveway repairs and other major structural issues. On the other hand, a streamline 203(k) loan can finance renovations including kitchen and bathroom remodeling, window and door replacement, new flooring, new paint, and less extensive repairs. In many cases, 203(k) loans are meant to finance the cost of repairs that are done by professional, licensed contractors. So it often can’t finance repairs and renovations you do on your own.  The bottom line is that renovations that improve the value of the property may be covered by a 203(k) loan. We can help you determine if a streamline or standard loan is best.