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New well requirements for FHA loans

By
Real Estate Agent with Sandpoint Realty rain@lakeandhomes.com AB36782

FHA has issued new REQUIREMENTS for private wells.  This is not a bank requirement, this is a requirement direct from FHA and is a big change.  This is for FHA case numbers issued after September 14, 2015 – so likely affects any transactions you currently have in place.  This is currently only for FHA loans.

 

New Construction

  •          Lead-Free piping
  •          Provide bacteriological test
  •          Connect to local water supply if available
  •          Well test must be performed and deliver a 5 GPM over at least a 4 hour period.

 

Existing Construction

  •          Existing wells must deliver water flow of 3-5 GPM
  •          Clean bacteriological test
  •          Must have hot water to the home
  •          Water quality must meet requirements of local jurisdiction

For more information in Idaho and washington you may contact Evergreen Loans at 

208-263-5300

Posted by

Rain Silverhawk

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Come See Listings or more about Rain Silverhawk at 

http://www.northidahosandpoint.com 

http://www.sandpointlisting.com

 

rain@lakeandhomes.com
Rain Silverhawk Realtor
Sandpoint Realty LLC
1205 Hwy 2 STE 203 B |  Sandpoint, ID. 83864
Phone (208)  610-0011  

 

Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-739-3843

Rain, I am bookmarking this as I do occasionally represent buyers/sellers with private wells and FHA loans come up, too. Thank you for the valuable info! 

Dec 01, 2015 11:08 PM