The Streamlined (203k) program is intended to facilitate and help with uncomplicated rehabilitation and/or improvements to a home for which plans, consultants, engineers and/or architects are not required. The total costs of repairs are not to exceed $35,000. This is kind of like a two month construction loan for current FHA customers (refis) and purchases of homes that need a little TLC. There is also a more complicated version of the 203K for repairs that cost over $35,000.