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FHA 203(K) MATRICES & GUIDELINESLSMG 203(k) Guidelines and Matrices Page 1 of 4Revised: 01/24/2017Qualifying Matrix203k Streamline203k FullMinimum credit Max Debt Ratio640 31/43 Higher allowed, with
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FHA 203k matrices amp is a document used in FHA 203k loans to track the progress of renovations.
The borrower and contractor are required to file FHA 203k matrices amp.
Fill out the FHA 203k matrices amp by providing detailed information on the renovations completed.
The purpose of FHA 203k matrices amp is to ensure that the loan funds are being used for their intended purpose of home improvement.
Information such as the type of renovation, costs incurred, and completion status must be reported on FHA 203k matrices amp.
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