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Updated over 4 years ago,
FHA 203K Inspections
Hello all,
I was wondering if anyone has any experience with getting inspections done with a FHA 203K loan. I know the FHA is pretty strict when it comes to inspections (no peeling paint, no holes in walls, etc) for a regular FHA loan but was wondering if they were a little less strict with a 203K loan since it is obvious the house needs work. Would love to hear from people who actually had a 203K loan but will welcome input from all.
I was wondering if anyone has any experience with getting inspections done with a FHA 203K loan. I know the FHA is pretty strict when it comes to inspections (no peeling paint, no holes in walls, etc) for a regular FHA loan but was wondering if they were a little less strict with a 203K loan since it is obvious the house needs work. Would love to hear from people who actually had a 203K loan but will welcome input from all.