Fha Roof And Siding Requirements

The fha allows for a maximum of three layers of roofing.

Fha roof and siding requirements.

If the inspection reveals the need for roof repairs and the roof already has three or more layers of roofing the fha requires a new roof. To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof. Homes and projects financed by fha insured mortgages are the collateral for these loans and their lack of durability can increase fha s financial risk in the event of default. Frequently asked questions fha resource center bulletin board accessed march 21 2020.

Water heaters the water heater must meet local building. There s no single answer to this question there were many products which contained asbestos before the government banned its use in 1989 under an epa rule. Serious issue possible fha concern this wood rot found just below the roof is caused from rain water or ice build up in the winter. Is a property eligible for an fha loan if it has asbestos in it.

Lenders may not deny funds or offer less favorable terms and conditions in lending on the basis of the borrower s race color religion sex national origin familial status i e the presence or number of. Siding and paint have to be in good condition. A roof that has the maximum number of layers and needs repairs must be entirely redone. One of the fha rules for the roof requires the appraiser to report if it has less than 2 years remaining life and require it to be replaced.

It also requires that the roof be functional for at least two more years from the date of purchase. The fair housing act prohibits discrimination in housing and related transactions including mortgages and home improvement loans. Fha single family housing policy handbook pages 15 16. Possible fha concern the brick on the side of this garage has had some serious movement.

Fha rules include minimum property requirements for safety which address situations like these. One frequently asked question about the fha loan process is related to fha appraisals and the minimum requirements for the roof of the home. Their is no repairs that can be done the brick should be removed and replaced. As with the va loan an fha loan requires that the roof on a home not be leaking.

Department of housing and urban development. Call a professional to evaluate. Fha repair and inspection requirements for existing properties and revisions to fha appraisal protocol pages 2 3. It s the appraiser s job to look over the home make sure it meets fha standards and assign it a fair market value.