Fha Roof Requirements

Fha mortgage source is florida s leading fha loan resource.

Fha roof requirements.

Any needed repairs to the roof must get completed by a roofer who is approved by the fha mortgage lender. As with the va loan an fha loan requires that the roof on a home not be leaking. It s the appraiser s job to look over the home make sure it meets fha standards and assign it a fair market value. Section 607 1 l when cost effective.

Fha appraisals and roof requirements. This of course is a judgment call that the appraiser is required to make. One frequently asked question about the fha loan process is related to fha appraisals and the minimum requirements for the roof of the home. Water heaters the water heater must meet local building.

To be specific the following has been taken from the hud handbook 4000 1 regarding the fha rules for the roof. A federal housing administration loan or fha loan has very similar requirements to the va loan. The covering must prevent moisture from entering and provide reasonable future utility durability and economy of maintenance the appraiser must visually examine the roof to determine whether deficiencies present a health and safety hazard or do not allow for reasonable future utility. Roofing single ply and others and where the slope is.

Edition as referenced in the minimum property standards. Exceed requirements of the cabo model energy code 1983. November 17 2019. The appraiser notes any.

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. Less than 2. 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. It also requires that the roof be functional for at least two more years from the date of purchase.

Up in the attic the property also must offer ready access to the attic. 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. Hud hoc reference guide roofs attics chapter 1 appraisal property requirements page 1 24. 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.

Are either built up roofing bur or non conventional.