Tag: Water testing

FHA Updates to Handbook 4000.1, FHA Info # 19-34, July 10, 2019, Effective July 10, 2019

Written by: Tracey Rumsey, Staff Writer FHA is finally starting to issue timely updates to their underwriting manual so that lenders do not need to hunt for rules and then re-verify what they read. This article reviews the latest changes and offers you a chart with the “old” vs. “new” updates. Rule Synopsis: The Federal […]

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FHA – Water Testing: Do all FHA loans require water testing?

Answer – Water Test: Per the guideline below, my opinion is that either a letter/test from the local health authority with jurisdiction as to the acceptability of the water, or a test and a letter from the testing entity proving that the water meets the EPA standards, would be required in order to satisfy the […]

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