Inspections and Testing Loan RequirementsFHA Home Inspection- Only required if contract/appraisal...

Post on 08-Oct-2020

0 views 0 download

Transcript of Inspections and Testing Loan RequirementsFHA Home Inspection- Only required if contract/appraisal...

Inspections and Testing Loan Requirements

FHA Home Inspection- Only required if contract/appraisal specifies WDIR/Termite Inspection- Only required if contract/appraisal specifies Radon Testing- Only required if contract/appraisal specifies Septic Inspection- Only required if contract/appraisal specifies Well Inspection- Only required if contract or appraisal specifies VA Home Inspection- Only required if contract/appraisal specifies WDIR/Termite Inspection- Always required Radon Testing- Only required if contract/appraisal specifies Septic Inspection- Only required if contract/appraisal specifies Well Inspection- Always required CONVENTIONAL Home Inspection- Only required if contract/appraisal specifies WDIR/Termite Inspection- Only required if contract/appraisal specifies Radon Testing- Only required if contract/appraisal specifies Septic Inspection- Only required if contract/appraisal specifies Well Inspection- Only required if contract or appraisal specifies RURAL Home Inspection- Only required if contract/appraisal specifies WDIR/Termite Inspection- Only required if contract/appraisal specifies Radon Testing- Only required if contract/appraisal specifies Septic Inspection- Only required if contract/appraisal specifies Well Inspection- Always required

Private Road Maintenance Agreements are always required. *Inspections are good for 90 days. *This document is intended as a general guide. Loan programs may change at any time with or without notice. Always check with you lending institution first.