Fha Roof Certification

If more than 2 layers exist and repair is necessary then all old roofing must be removed as part of the re roofing.

Fha roof certification. Certification is to be in the insuring package c. Sample roof certification certification must be on a licensed roofing contractors letterhead or invoice and must contain the contractors name address telephone numser license number and wordlng that the roof is certified or warranteed or guaranteed to be moisture proof for a minimum of two years xyz roofing contractors 1234 main street. It also requires that the roof be functional for at least two more years from the date of purchase. If the roof does require repairs after the repairs are performed.

The contractor has an exhaustive list of potential problems to rule out and then he or she makes a decision on the integrity of the roof based on factors such as the age of the roof materials used the number of layers previous repairs and the roofs pitch. Its the appraisers job to look over the home make sure it meets fha standards and assign it a fair market value. Before most lenders will write a loan for an existing home whether it is a re finance or new purchase fha and hud require that the entire roof surface be certified to find that the roof is in good condition for its age does not leak and has an estimated remaining useful life of over 2 years usually the roof certifier is also required to guarantee this by providing a 2 year no leak guarantee. As with the va loan an fha loan requires that the roof on a home not be leaking.

If the roof does not require repairs the roofing company will then estimate the remaining years of life for a roof and certify its inspection. Fha will accept a maximum of 3 layers of existing roofing. When a buyer views a home and decides to make a commitment to buy using an fha insured mortgage the sale of the home cannot proceed until the property has been reviewed by an fha approved fee appraiser. What is a roof certification.

Roof requirement for the fha mortgage loan this page updated and accurate as of january 20 2020 fha mortgage source among the most frequently asked questions that figure on most peoples minds when it comes to borrowing an fha loan pertain to fha appraisals and the minimum qualifying criteria for the roof of the borrowers home. Government backed fha and hud loans typically require a 2 year certification. The certification is good for two to five years depending on local custom. February 15 2017 one frequently asked question about the fha loan process is related to fha appraisals and the minimum requirements for the roof of the home.

The appraiser must observe the roof to determine whether there are deficiencies that present a health and safety hazard or do not allow for reasonable future utility. Fha appraisals and roof requirements. The certification process starts with a complete inspection of the roof. If the home youre considering purchasing does not meet these requirements a certification likely wont be granted.