20. A HUD/FHA Section 203 (k) mortgage CANNOT be used to:

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20. A HUD/FHA Section 203 (k) mortgage CANNOT be used to:
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Update an existing home used-------- repairs only Install luxury improvements, i.e., pools, spas, etc. repair with luxury improvements to install luxury items or improvements or non-permanent items TO INSTALL LUXURY ITEMS OR IMPROVEMENTS OR NON-PERMANENT ITEMS to install luxury items or improvements or non-permanent items Can I use a 203(K) loan to make improvements on a home in which I am currently living? for the addition of pools,spas rehab or repair cooperatives Can I use a 203(K) loan to make improvements on a home in which I am currently living? for the addition of pools, spas commercial dwellings, co-ops and upgrading amenities as pools etc to install luxury items or improvements or non-permanent items rehabilitate and repair cooperatives. B-1