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Does the roof have to be of a certain age?

by michelleflemming3... from Brick, New Jersey. Oct 15th 2018 Reply


Peter Rinnyk (prinnyk)
#64 ranked lender in New Jersey - 20 contributions

are you buying or refinancing??

Oct 15th 2018
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Peter Rinnyk (prinnyk)
#64 ranked lender in New Jersey - 20 contributions

you can call me directly at 732 343 0340 we are located in Brick NJ alsothanksPeter

Oct 15th 2018
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Paul Sheridan (paul@njlendingsource.com)
#21 ranked lender in New Jersey - 17 contributions

Hi Michelle!How is the condition of the roof? The are some important facts you should know before wether you are refinancing or buying. Fee free to get an instant rate quote on our website or contact me directly with questions anytime direct at 732-359-6002https://www.njlendingsource.com/PAULSHER/

Oct 15th 2018
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#1 ranked lender in Florida - 716 contributions

What age is your roof? And what are you looking to do? Also does the roof have leaks?

Oct 15th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,455 contributions

No.. When you finance a home either by purchasing or refinancing, the appraiser will do an inspection.. but it's not really like a full up "home inspection" where they are checking every nook and cranny for defects.. the appraisal inspection is primarily looking for attributes to determine value.. but they also have an obligation to call out any obvious "health and safety" concerns. so, if the appraiser pulls up and see's multiple roof shingles missing, or it's noticeable that the roof is at the end of it's life, they can complete their appraisal being "Subject to" the roof being inspected by a licensed roof professional. If the roof looks to be in good condition and there are no other issues (water stains on ceiling, damaged drywall, etc) that might point to a bad roof, then you should be ok.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Oct 15th 2018
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,791 contributions

There is no requirement for the age of the roof when getting a home loan, but there is a requirement on condition. If the roof looks fine from the ground, it should be OK. If there are obvious issues, like missing shingles, leaks, and clearly bad and curling shingles, then the roof will usually need to be replaces to get financing.

Oct 17th 2018
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