In order to get a mortgage, the property condition must be move-in ready; it must be habitable and safe.

I often get asked if there is a list of items the house must have in order to meet the habitability standard, but there is not, as it is on a case-by-case basis.

Here is a list of some of the items that may be required before the lender will approve the loan:
● Leaking roof must be fixed
● Pool must be filled
● Upper level decking with no railing, railing must be installed
● Exterior peeling pre-1978 paint where children are living in the property
must be repaired
● Security bars with no quick release in bedrooms must be fixed
● Water heater double strapped
● Property must have a toilet, sink and shower
● Working stove

If the property you are considering purchasing is in need of repair, contact us and we can help you determine if the repairs are necessary to close on the loan.

We offer a variety of products and services, ask us how we can assist you today:
Counsel Mortgage Group®, LLC
NMLS #178927
AZ MB #0909580
CA DBO #60DBO43873

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