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Updated almost 8 years ago on . Most recent reply

User Stats

304
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91
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Thomas Hickey
  • Real Estate Investor
  • Peabody, MA
91
Votes |
304
Posts

FHA 203 loan and lead paint?

Thomas Hickey
  • Real Estate Investor
  • Peabody, MA
Posted
Hi All, I'm looking into doing an FHA 203 loan on a multifamily in Massachusetts. Someone said that if any lead paint is found in the house the whole house will have to be remediated due to 203 program. Is there any truth to this? Or is is the standard if it's not disclosed you leave it alone deal? Appreciate any insight. Tom

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