Lender Required Repairs: What Are They?
If you are planning to purchase a home using an FHA (Fair Housing Administration) or VA (U.S. Department of Veterans Affairs) loan, it's important to verify the home's condition meets the standard lender requirements. The lender required repairs vary depending on the type of loan you are getting, but the requirements are in place to ensure the property is safe and habitable. The loan will not get funded if the lender ... Continued