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Are flat roof homes eligible for any of the USDA programs?Thanks 520-313-3002Virginia Bristol virginiabristol@yahoo.com

by virginiabristol646 from Nogales, Arizona. May 3rd 2016 Reply


Lorne Harvey (lorneharvey)
#80 ranked lender in Washington - 431 contributions

Hi Virginia, the USDA does not have any specific wording banning flat roofed homes. The key to finding out if something like this will get signed off on is if there are comparable sales that also have flat roofed homes. It's all about how the appraisal comes out and how the underwriter see it. IMHO

May 4th 2016
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

No.. but during the appraisal inspection, if the appraiser notes any issues, then it's possible he will make his appraisal "subject to" having the deficiencies repaired.. the lender will not lend unless the appraisal is "As Is" value.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

May 4th 2016
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Virginia, there is no special guidelines or prohibitions regarding flat roofs as long as the reasonable and ordinary to the area.I am in Arizona and do loans in Nogales as well as all of Arizona. I would be pleased to assist you with a USDA loan or any loan product we offer that fits you and the property.Korene Clopine-Seaman623-340-0934

May 6th 2016
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