Some differences between a 203K Streamline and a 203K Full Renovation are:
No HUD consultant -203K Full requires one.
Less fees vs a Full Renovation
No Reserves - Full 203k requires reserves
Restricted to $35,000 in repairs
No Inspections - over 15k in repairs just needs to verify work is done.
No Contingency Added
Repairs must be completed in 6 months - no extensions, after 6 months must be kicked to full renovation.
Owner Occupied / 1-4 family