FHA STANDARD and HIGH BALANCE PROGRAM
paint was identified, HUD will perform the repairs if the cost is $4,000 or less. 2) If cost is greater than $4,000, the borrower may either A) cancel the contract, or B) change to 203(k) financing. Non HUD REO Lead-Based Paint Appraisal Requirements Refer to the CMS FHA Underwriting Guidelines. ................
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