Fha Roof And Siding Requirements

More specifically the model codes do not contain any minimum requirements for the durability of such items as doors windows gutters and downspouts painting and wall.

Fha roof and siding requirements.

The fha allows for a maximum of three layers of roofing. Their is no repairs that can be done the brick should be removed and replaced. Possible fha concern the brick on the side of this garage has had some serious movement. A roof that has the maximum number of layers and needs repairs must be entirely redone.

This of course is a judgment call that the appraiser is required to make. Call a professional to evaluate. The fair housing act prohibits discrimination in housing and related transactions including mortgages and home improvement loans. 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.

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. Is a property eligible for an fha loan if it has asbestos in it. One frequently asked question about the fha loan process is related to fha appraisals and the minimum requirements for the roof of the home. As with the va loan an fha loan requires that the roof on a home not be leaking.

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. 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. Fha rules include minimum property requirements for safety which address situations like these.

Fha single family housing policy handbook pages 15 16. Frequently asked questions fha resource center bulletin board accessed march 21 2020. A federal housing administration loan or fha loan has very similar requirements to the va loan. Water heaters the water heater must meet local building.

Siding and paint have to be in good condition. 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. It s the appraiser s job to look over the home make sure it meets fha standards and assign it a fair market value. Fha repair and inspection requirements for existing properties and revisions to fha appraisal protocol pages 2 3.