Home Inspection For Fha Loan

What Is A Rehab Loan For A House What is a Rehab Loan? (with pictures) – wisegeek.com –  · In the United States, one of the most common rehab loan programs is through the Housing and Urban Development 203(k) loan program. The 203(k) refers to the section of the National Housing Act of 1978 that deals with this type of loan for real estate, particularly housing.

FHA loan inspections look for the habitability and safety of the home to be purchased. Security, safety and soundness are areas considered.

Reader question: "I have heard the FHA requires a home inspection whenever their loans are being used to buy a house, and that the inspectors can be pretty strict.But then on another website, I read that they only require an appraisal, but the appraiser might also inspect some things during this process.

FHA appraisal requirements and those of other government-backed loans may require the completion of home repairs prior to closing. Or you may have to do an escrow holdback. Here’s what you need to.