The Fannie Mae Home Style & FHA 203(k) loan covers a range of home improvements. These include, but are not limited to, the following:
Remodeling bathrooms or a kitchen, including new built-in appliances • Replacing a roof, gutters, and downspouts • Adding a family room, bedrooms, or bathrooms • Replacing flooring, tiling, or carpeting • Completing a basement or attic conversion or adding a second story • Expanding or building a garage or carport • Renovating a deteriorating property, such as repairing a chimney, termite damage, or structural problems • Upgrading plumbing, heating, air conditioning, or electrical wiring • Eliminating health and safety hazards, such as removing lead-based paint • Making the home accessible to the disabled • Installing a well or a septic system • Adding a porch, deck, or patio • Adding or repairing siding or repainting • Installing energy efficient windows or doors • Repairing an existing swimming pool and much more.