Dorrie Klatt
Freshman Member
- Joined
- Mar 7, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Pennsylvania
Hello Everyone-
Trying to get some clarification on repair guidelines for VA and Farmers Home/Rural Housing Loans.
I have a fairly decent idea on FHA required repairs from the 4150.2 and HOC handbook, but does VA follow FHA guidelines and is there anything additional they require? I am not a VA appraiser, just looking for information. As to Farmers Home/Rural Housing loans, I believe they are geared more towards the insulation and energy factor regarding the home, but do you also follow FHA guidelines? Or is that a lender call.
Thanks for any advice or informational links you guys may have!
Dorrie
Trying to get some clarification on repair guidelines for VA and Farmers Home/Rural Housing Loans.
I have a fairly decent idea on FHA required repairs from the 4150.2 and HOC handbook, but does VA follow FHA guidelines and is there anything additional they require? I am not a VA appraiser, just looking for information. As to Farmers Home/Rural Housing loans, I believe they are geared more towards the insulation and energy factor regarding the home, but do you also follow FHA guidelines? Or is that a lender call.
Thanks for any advice or informational links you guys may have!
Dorrie