Myth information

One of the biggest myths in the market for homebuyers is actually spread by loan officers.

It goes like this. Does a home require a stove to get FHA financing?

The correct answer is NO.

You will find a number of loan officers who say YES. Why? Because their lending institution requires it not FHA.

Below is the answer straight out of the FHA handbook:

Neither a new home nor an existing home has to have a stove in order to be eligible for FHA financing.

Handbook 4905.1 REV1, Section 2-5'


So if the home you are buying doesn't have a stove and you want FHA financing use a lender that will do the loan without that requirement.

If you can't find one we can recommend one.

All the best
Greg Owens P.A.
Keller Williams On the Water
941.932.6343
greg@teamworksfla.com
www.teamworksproperties.com