What inspections are required on USDA Home Loans?

By
Mortgage and Lending with The Mortgage Market of Delaware

A few inspections are required on the USDA 100% Guaranteed Rural Housing Home Loans.

An appraisal will be needed.

Also, a clean water test if on its own water supply.

If the appraiser states in their report that the septic system seems to be in working order, an inspection is not needed.

Also, if the appraiser states no visible termite activity, then no termite inspection is required.

A home inspection is not required but I would definitely recommend having one of these.     

Posted by

JoAnn Moore

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Rainer
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Nikitas Kouimanis
MGN Funding Corp. - Flushing, NY
The Mortgage EXPERT

Thank you for sharing this, I was just searching google and came accross this info while I was on the phone with a client of mine your information was very helpful to me, thanks again and have a great week. 

Jan 21, 2015 12:06 PM #1
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Rainmaker
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JoAnn Moore

Home Loans in Delaware
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