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Updated almost 3 years ago,
Will an FHA loan get approved if the roof needs some repairs?
Hello everyone I am in the process of funding a property. I would like to finance the property with an FHA loan and house hack while renting out rooms. I plan to live in the property for a year and fix up minor things on my own. The property is an old property 1826, the roof is near the end of its life. Will the roof be a problem while trying to qualify for an FHA loan? Is this a property I should consider for an FHA 203k loan? Thank you all for your help!