If more than two layers exist and repair is necessary all of the old roofing must be removed as part of the reroofing.
Fha roof layers.
If the roof has less than two years remaining life the appraiser must call for reroofing or repair.
One frequently asked question about the fha loan process is related to fha appraisals and the minimum requirements for the roof of the home.
To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof.
This of course is a judgment call that the appraiser is required to make.
Here s one of the most recent.
Fha will accept a maximum of 3 layers of existing roofing.
We get many questions about the fha home loan appraisal process including specific questions about certain conditions that may or may not affect the sale of a given home.
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.
The condition of the roof is important as it s a major source of headaches for a home owner if there is a problem down the line.
The roof should have a remaining physical life of two years.
A reader asks for an fha loan are there roof requirements on a detached garage or do the requirements solely apply to the roof over the home fha loan rules for property analysis can be found in hud 4150 2.
Fha loan appraisal questions.
Under the roof section we find the following.
A federal housing administration loan or fha loan has very similar requirements to the va loan.
4905 1 rev 1 2 12 d.
If more than 2 layers exist and repair is necessary then all old roofing must be removed as part of the re roofing.
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.
Fha will accept a maximum of three layers of existing roofing.
Can i get an fha loan on a house if it has 2 layers of shingles and the 2nd layer is less than 20.
Water heaters the water heater must meet local building.
If it has that many layers certification is likely out of reach unless the whole roof is replaced.
Among the most frequently asked questions that figure on most people s minds when it comes to borrowing an fha loan pertain to fha appraisals and the minimum qualifying criteria for the roof of the borrower s home.
For this purpose the appraiser is assigned with the responsibility of evaluating the home to ensure that it meets the standards as laid down by the fha and assigns it with the.
A person determined to be qualified by the lender should make a certification as to the condition of the roof and the.
Appraisal requirements for fha mortgage loans are found in hud 40001 and include guidelines for electrical systems plumbing paint and also requirements for the roof.
