Can we use FHA 203k loan to put a roof on?
The roof on the house we are looking to buy might not pass appraisal from FHA. The seller will not put on a roof. In order to get the loan, can we take out the FHA 203k loan and put the money in escrow to then fix the roof? THe roof doesn’t leak but a few shingles are curling…I hope it passes.
Thanks
Tags: 203k, Loan, roof
2011/09/27 at 21:38:41
Yes this is 1 option