Fha Attic Requirements

Mortgagees bear primary responsibility for determining eligibility.

Fha attic requirements.

This page was updated in january 2020 and to include the latest information on fha appraisal guidelines and requirements for 2020. If the inspection reveals the need for roof. The roofing must be expected to last for at least two more years. Cost and income approach for value.

However the 6 appraiser is the on site representative for the mortgagee and provides preliminary verification 7 that the property acceptability criteria have been met. Roofs and attics the roofing must keep moisture out. Ensuring that mixed use properties comply with zoning. But that s not all the fha also requires a minimum amount of durability.

However hud fha does not have a real definition of attic in their documentation. Fha has always had a requirement for appraisers to inspect attics. General acceptance criteria property eligibility and non residential use of property. The appraiser must inspect the attic for evidence of possible roof problems.

Clarifying that fha requires an inspection. The covering must prevent moisture from entering and provide reasonable future utility durability and economy. Fha does not have a specific requirement for insulation. Because there is no definition of attic assumptions have been made by fha and appraisers that the attic includes any space above the ceiling and below the roof inside dwellings despite that space in modern design homes typically not having any flooring.

If you use an fha loan to buy a house the property will have to be appraised and inspected by a hud approved home appraiser. If the roof has less than two years remaining life then the appraiser must call for re roofing or repair. The roof should have a remaining physical life of at least two years. Regarding attic ventilation nrca recommends designers provide at least 1 square foot of nfva for every 150 square feet of attic space 1 150 ventilation ratio measured at the attic floor level ceiling.

4 requirements and eligibility standards for a federal housing administration fha insured 5 mortgage. The roof cannot have more than three layers of roofing. Always have a balanced ventilation system. Federal housing authority recommends a minimum of at least 1 square foot of attic ventilation evenly split between intake and exhaust for every 300 square feet of attic floor space.

The appraiser is required to report what they see and if they reported that the home did not have insulation then the lender probably made this a requirement to get the loan. The house must beek building code so this may be where the hang up is.