FHA Certified Home Inspector | Let Us Explain The FHA Loan Process

FHA Certified Home Inspector | The FHA loan process can be confusing to someone buying a home, especially if it is your first home or the first time utilizing an FHA loan. One way to get a detailed explanation is to hire an FHA certified home inspector to examine the condition of the home you are looking to purchase. An FHA certified home inspector knows the laws and can better explain the loan requirements.

How the FHA Loan Has Changed

The FHA loan requirements made some significant changes that took effect January 1, 2006. After this date, the FHA started accepting “As Is” appraisals even if there were still minor issues to the property. The new requirements for repairs that must be completed allow cosmetic damage and normal wear. Some of the items that previously required repair but no longer do are missing handrails, cracked/damaged exit doors, cracked window glass, poor workmanship and worn/soiled floor coverings.

What Items Still Require Repair

The FHA loan requirements did lessen, but there are still standards that need to be met before an FHA loan will be approved. An FHA certified home inspector will let you know if your future home will pass the requirements of an FHA home loan. Some of the items that must pass inspection are: leaking or worn out roofs, structural problems and defective paint surfaces in homes built before 1978. Of course, these are just some of the requirements of the repairs. For a full understanding and list, you would need to contact an FHA certified home inspector.

Beryl Project Engineering can provide you with an FHA certified home inspector to give you all these answers and make sure you make a sound home buying decision. You can find more information about FHA loans and FHA home inspections on Beryl’s website or you can always give us a call at 813-414-5938.