Section II. Inspection Findings This report is indicative of the condition of the above identified structure(s) on the date of inspection and is not to be co nstrued as a guarantee or warranty against latent, concealed, or future infestations or defects. Based on a careful visual inspection of the readily accessible areas of the structure(s)
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V A loan package or HUD insurance case binde r. The builder sends one copy to the licensed pest control company which performed the treatment. Attached is a copy of the state authorized pest control company s New construction subterranean termite service record, HUD-NPMA-99-B. W aming: HUD will prosecute false claims and statements.
Down Payment. One of the most obvious differences between an FHA loan and a conventional loan is the amount required for a down payment. FHA loans have a low minimum down payment of 3.5 percent. The amount required for a conventional loan ranges from 5 to 20 percent.
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FHA lending limits in MASSACHUSETTS inform homebuyers how much FHA borrowing power they have in their area of the country. FHA loans are designed for low to moderate income borrowers who are unable to make a large down payment.
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