- Credit Scores Required For A Kentucky Mortgage Loan Approval in 2023
- Down Payment Assistance Kentucky 2023 Kentucky Housing Corporation KHC
- Kentucky First-time Home Buyer Programs
- Kentucky FHA Mortgage Information
- Kentucky VA Mortgage Loan Information
- USDA Rural Housing Kentucky Loan Information
- Zero Down Kentucky Mortgages
- First-time Home-buyers in Kentucky
- Documents Needed Mortgage Approval in Kentucky
- 4 Things Required for a KY Mortgage Loan Approval
- Free Credit Score Booklet
- Do's & Dont's before closing:
- Closing Costs Kentucky Mortgage
- Lock Kentucky Mortgage Loan Rate
- Home Inspections Kentucky
- Accessibility Statement
Many people ask me what types of heat sources are okay for homes where the borrower is using FHA to finance the property.
Here’s the information – and by the way, USDA (Rural Housing) uses FHA rules listed below as their heat source guidelines too.
• All habitable rooms must have a heat source
• Certain areas of the country do not require a heat source if normal for the area (i.e., Hawaii, certain counties in Florida)
Wood Stoves & Solar Systems
• Acceptable with certification that they were installed according to manufacturer’s recommendations.
• Must ALSO have a conventional heat source in all living areas.
• Must also have a heat source to maintain 50 degrees F in rooms where plumbing is located.
(Example: electric baseboard heat in bathroom, kitchen and basement/crawl space where plumbing pipes are located.)
• If needs repairs or insufficient heat source for home, will require upgrade to conventional heat system.
Non-conventional Heating Systems
• Space heaters or non-conventional heat sources must comply with local codes.
• If does not comply, conventional heating system must be installed.
• Must be located a safe distance from the home.
• Must have ownership of propane tank UNLESS only leased tanks are available and normal for the area.
• Propane furnaces located in crawl space or basement is not acceptable.
I’m sure I have not covered every possibility but give me a call if you have any questions or reservations about listing a home that you think may not have an acceptable source of heat.