Lubbock FHA Loan Rates, Closing Costs & Stats

LUBBOCK, TX

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Lubbock's 94 lenders originated 1,267 FHA loans during 2023. The total origination value was $307,245,000, with an average FHA loan value of $242,498.

    Lubbock FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Lubbock averaged 6.66% for the week of 2025-02-14, compared to the national average (all FHA variants) of 6.515% for the same period.

    Lubbock's average FHA mortgage closing costs are $7,551.

    The average rate for the prior week (2025-02-07) was 6.27% and one month ago for the week of 2025-01-10, the average rate was 6.33%.

    The average rate one year ago was 6.56%.

    For refis of the same type during the week of 2025-02-14, the average rate was 6.74%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Lubbock FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Lubbock level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    TEXAS TECH 197 6.30% $9,481
    CARDINAL FINANCIAL 122 6.43% $11,252
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 93 6.72% $7,639
    T2 FINANCIAL LLC 91 6.83% $9,550
    Alliance Credit Union 54 6.36% $6,644
    DHI MORTGAGE COMPANY, LTD. 41 5.44% $7,989
    UNITED WHOLESALE MORTGAGE, LLC 39 6.18% $11,626
    GUILD MORTGAGE COMPANY 39 6.46% $9,318
    THRIVE MORTGAGE, LLC 38 6.67% $9,799
    QUICKEN LOANS, LLC 35 6.20% $10,126
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 31 6.88% $12,303
    City Bank 27 6.77% $9,691
    FLAT BRANCH MORTGAGE, INC. 24 6.50% $9,749
    Southwest Bank 23 6.36% $9,238
    LOANDEPOT.COM, LLC 15 6.40% $10,746
    FREEDOM MORTGAGE CORPORATION 13 6.53% $9,694
    PRIMELENDING, A PLAINSCAPITAL COMPANY 12 6.85% $12,138
    First United Bank 12 6.43% $9,976
    Prosperity Bank 10 6.15% $8,591
    PLAZA HOME MORTGAGE, INC. 9 6.17% $9,276
    Amarillo National Bank 9 6.50% $9,258
    Flagstar Bank, FSB 8 6.67% $7,881
    SFMC, LP 7 6.50% $18,517
    GUARANTEED RATE, INC. 7 6.40% $11,174
    HOMETRUST MORTGAGE COMPANY 6 7.02% $9,213
    Plains Commerce Bank 6 6.44% $10,345
    EVERETT FINANCIAL, INC. 6 6.63% $6,771
    MOVEMENT MORTGAGE, LLC 5 6.78% $8,534
    AMCAP MORTGAGE, LTD. 5 6.40% $10,535
    CALCON MUTUAL MORTGAGE LLC 5 6.75% $17,650
    CMG MORTGAGE, INC. 4 6.63% $12,912
    Gateway First Bank 4 6.34% $7,973
    GENEVA FINANCIAL, LLC 4 6.56% $10,998
    ZILLOW HOME LOANS, LLC 3 6.42% $9,020
    CROSSCOUNTRY MORTGAGE, LLC 3 6.67% $13,287
    Paramount Residential Mortgage Group, Inc. 3 6.00% $11,197
    PHH Mortgage Corporation 3 6.17% $8,674
    LRS FINANCIAL NETWORK, INC. 3 5.92% $7,801
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 7.54% $11,878
    NFM, INC. 2 6.44% $12,584
    SUCCESS MORTGAGE PARTNERS, INC. 2 5.50% $15,062
    First National Bank Texas 2 6.00% $7,785
    AMERISAVE MORTGAGE CORPORATION 2 6.44% $11,819
    Centennial Bank 2 7.00% $10,485
    TOWNE MORTGAGE COMPANY 2 6.38% $12,712
    LEADERONE FINANCIAL CORPORATION 2 5.75% $8,088
    PNC Bank 2 6.06% $8,019
    Mortgage Research Center, LLC 2 6.69% $9,534
    First Financial Bank 2 7.38% $10,720
    GARDNER FINANCIAL SERVICES, LTD. 2 6.75% $15,655
    Equity Prime Mortgage LLC 2 6.88% $12,889
    NATIONS RELIABLE LENDING, LLC 2 6.44% $15,628
    SECURITYNATIONAL MORTGAGE COMPANY 2 7.19% $11,265
    NEWREZ LLC 2 7.25% $6,022
    PENNYMAC LOAN SERVICES, LLC 1 6.75% $5,995
    PLANET HOME LENDING, LLC 1 7.63% $13,296
    Carrington Mortgage Services, LLC 1 6.13% $8,057
    PREMIA MORTGAGE, LLC 1 5.75% $6,969
    CADENCE LENDING GROUP, INC. 1 7.25% $9,761
    BROKER SOLUTIONS, INC. 1 7.13% $6,989
    BOKF 1 6.63% $10,220
    S1L, Inc. 1 5.75% $11,304
    BECKAM FUNDING CORP. 1 7.63% $16,380
    SIWELL, INC. 1 6.75% $17,378
    Barrington Bank & Trust Company, N.A. 1 6.75% $16,515
    Strong Home Mortgage, LLC 1 5.75% $14,731
    Bank of England 1 6.75% $8,275
    THE MORTGAGE LINK, INC. 1 7.00% $11,113
    AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $9,708
    UNION HOME MORTGAGE CORP. 1 6.13% $13,702
    United Fidelity Funding Corp. 1 7.63% $9,927
    American Bank of Commerce 1 5.75% $14,646
    FIRST CENTENNIAL MORTGAGE CORPORATION 1 7.00% $6,313
    FIRST COLONY MORTGAGE CORPORATION 1 7.13% $6,308
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.75% $9,258
    DRAPER AND KRAMER MORTGAGE CORP. 1 6.88% $6,751
    Waterstone Mortgage Corporation 1 8.00% $4,405
    GMFS LLC 1 6.75% $12,926
    Commerce Home Mortgage, Inc. 1 8.00% $8,093
    Guaranty Bank & Trust, N.A. 1 6.63% $13,415
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.25% $16,929
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 6.75% $9,214
    Citizens Bank 1 6.75% $12,921
    INTERLINC MORTGAGE SERVICES, LLC 1 6.38% $5,603
    CHURCHILL MORTGAGE CORPORATION 1 6.25% $11,800
    Loan Simple, Inc. 1 5.75% $17,048
    MEMBER FIRST MORTGAGE, LLC 1 7.25% $6,055
    MICHIGAN MUTUAL, INC. 1 6.00% $22,312
    MID AMERICA MORTGAGE, INC. 1 6.75% $5,254
    ML Mortgage Corp. 1 7.25% $22,597
    MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.50% $10,053
    Century Mortgage Company DBA Century Lending Company 1 6.75% $9,597
    NATIONS DIRECT MORTGAGE, LLC 1 7.63% $15,267
    NBH Bank 1 6.38% $11,907

    The top Lubbock FHA lender as defined by loan originations is TEXAS TECH, with 197 FHA loans originated. Their average total fees are $9,481, which is $1,771 lower than the next largest lender, CARDINAL FINANCIAL.

    The lowest fee Lubbock FHA lenders (with over 10 loans originated) are Alliance Credit Union ($6,644), ARK-LA-TEX FINANCIAL SERVICES, LLC. ($7,639), DHI MORTGAGE COMPANY, LTD. ($7,989), Prosperity Bank ($8,591) and Southwest Bank ($9,238).

    The lowest rate Lubbock FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.44%), Prosperity Bank (6.15%), UNITED WHOLESALE MORTGAGE, LLC (6.18%), QUICKEN LOANS, LLC (6.20%) and TEXAS TECH (6.30%).

    Lubbock FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    LUBBOCK, TX CROSBY 2022 $420,680 $538,650 $651,050 $809,150
    LUBBOCK, TX LUBBOCK 2022 $420,680 $538,650 $651,050 $809,150
    LUBBOCK, TX LYNN 2022 $420,680 $538,650 $651,050 $809,150
    LUBBOCK, TX CROSBY 2023 $472,030 $604,400 $730,525 $907,900
    LUBBOCK, TX LUBBOCK 2023 $472,030 $604,400 $730,525 $907,900
    LUBBOCK, TX LYNN 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Lubbock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $217,738 (5.7%) $272,662 (2.0%) 0.83 1,121
    2018-02-01 $227,725 (5.4%) $286,330 (2.9%) 0.85 1,091
    2018-03-01 $229,995 (-1.9%) $290,910 (0.2%) 0.82 1,080
    2018-04-01 $241,273 (-7.2%) $300,057 (-1.7%) 0.83 1,080
    2018-05-01 $239,500 (-7.9%) $296,375 (-3.8%) 0.82 1,121
    2018-06-01 $235,000 (-8.0%) $295,419 (-2.6%) 0.80 1,214
    2018-07-01 $232,450 (-5.1%) $287,781 (-2.6%) 0.78 1,282
    2018-08-01 $229,975 (-2.1%) $288,313 (0.2%) 0.79 1,293
    2018-09-01 $224,900 (-1.0%) $281,684 (-1.3%) 0.76 1,298
    2018-10-01 $218,450 (-3.8%) $275,752 (-3.2%) 0.75 1,318
    2018-11-01 $214,000 (-5.7%) $271,422 (-4.1%) 0.73 1,284
    2018-12-01 $209,950 (-6.7%) $268,410 (-4.5%) 0.74 1,256
    2019-01-01 $211,250 (-3.0%) $271,907 (-0.3%) 0.75 1,186
    2019-02-01 $216,238 (-5.0%) $275,958 (-3.6%) 0.75 1,148
    2019-03-01 $226,000 (-1.7%) $277,456 (-4.6%) 0.76 1,094
    2019-04-01 $235,450 (-2.4%) $281,875 (-6.1%) 0.76 1,043
    2019-05-01 $239,800 (0.1%) $290,136 (-2.1%) 0.77 1,029
    2019-06-01 $241,500 (2.8%) $293,664 (-0.6%) 0.78 1,035
    2019-07-01 $232,125 (-0.1%) $286,427 (-0.5%) 0.76 1,034
    2019-08-01 $222,941 (-3.1%) $275,918 (-4.3%) 0.74 1,016
    2019-09-01 $212,427 (-5.6%) $265,447 (-5.8%) 0.71 1,007
    2019-10-01 $208,288 (-4.7%) $259,554 (-5.9%) 0.70 997
    2019-11-01 $218,250 (2.0%) $263,528 (-2.9%) 0.74 982
    2019-12-01 $225,500 (7.4%) $270,247 (0.7%) 0.78 917
    2020-01-01 $226,225 (7.1%) $329,445 (21.2%) 0.79 886
    2020-02-01 $230,000 (6.4%) $279,056 (1.1%) 0.77 924
    2020-03-01 $234,900 (3.9%) $285,180 (2.8%) 0.75 919
    2020-04-01 $235,650 (0.1%) $291,164 (3.3%) 0.76 937
    2020-05-01 $242,700 (1.2%) $296,014 (2.0%) 0.76 837
    2020-06-01 $243,600 (0.9%) $301,878 (2.8%) 0.74 771
    2020-07-01 $241,275 (3.9%) $306,954 (7.2%) 0.72 753
    2020-08-01 $250,000 (12.1%) $313,230 (13.5%) 0.75 704
    2020-09-01 $250,875 (18.1%) $314,464 (18.5%) 0.75 696
    2020-10-01 $237,900 (14.2%) $296,420 (14.2%) 0.71 702
    2020-11-01 $222,475 (1.9%) $284,579 (8.0%) 0.68 667
    2020-12-01 $228,200 (1.2%) $287,124 (6.3%) 0.71 611
    2021-01-01 $249,700 (10.4%) $287,816 (-12.6%) 0.77 546
    2021-02-01 $254,885 (10.8%) $302,223 (8.3%) 0.79 448
    2021-03-01 $256,500 (9.2%) $314,927 (10.4%) 0.82 388
    2021-04-01 $291,475 (23.7%) $337,071 (15.8%) 0.84 386
    2021-05-01 $319,945 (31.8%) $358,517 (21.1%) 0.86 392
    2021-06-01 $290,250 (19.2%) $349,759 (15.9%) 0.81 475
    2021-07-01 $279,900 (16.0%) $349,806 (14.0%) 0.76 552
    2021-08-01 $287,500 (15.0%) $343,958 (9.8%) 0.79 580
    2021-09-01 $271,000 (8.0%) $329,680 (4.8%) 0.74 597
    2021-10-01 $272,000 (14.3%) $329,900 (11.3%) 0.75 583
    2021-11-01 $278,750 (25.3%) $340,153 (19.5%) 0.78 543
    2021-12-01 $285,000 (24.9%) $336,950 (17.4%) 0.79 475
    2022-01-01 $295,000 (18.1%) $339,171 (17.8%) 0.81 413
    2022-02-01 $347,000 (36.1%) $380,594 (25.9%) 0.93 343
    2022-03-01 $335,750 (30.9%) $382,629 (21.5%) 0.88 347
    2022-04-01 $345,000 (18.4%) $393,424 (16.7%) 0.83 366
    2022-05-01 $337,823 (5.6%) $383,190 (6.9%) 0.80 498
    2022-06-01 $328,750 (13.3%) $375,917 (7.5%) 0.76 596
    2022-07-01 $316,375 (13.0%) $364,360 (4.2%) 0.72 756
    2022-08-01 $312,475 (8.7%) $350,256 (1.8%) 0.74 849
    2022-09-01 $301,950 (11.4%) $348,299 (5.7%) 0.73 911
    2022-10-01 $308,780 (13.5%) $351,630 (6.6%) 0.75 955
    2022-11-01 $298,225 (7.0%) $346,370 (1.8%) 0.73 991
    2022-12-01 $292,995 (2.8%) $347,531 (3.1%) 0.73 998
    2023-01-01 $290,125 (-1.7%) $340,873 (0.5%) 0.74 974
    2023-02-01 $298,975 (-13.8%) $344,292 (-9.5%) 0.72 964
    2023-03-01 $298,650 (-11.1%) $347,609 (-9.2%) 0.71 959
    2023-04-01 $305,000 (-11.6%) $367,002 (-6.7%) 0.73 944
    2023-05-01 $298,375 (-11.7%) $362,246 (-5.5%) 0.69 1,059
    2023-06-01 $302,575 (-8.0%) $358,784 (-4.6%) 0.69 1,115
    2023-07-01 $299,900 (-5.2%) $362,173 (-0.6%) 0.69 1,177
    2023-08-01 $289,975 (-7.2%) $358,212 (2.3%) 0.68 1,236
    2023-09-01 $283,275 (-6.2%) $346,808 (-0.4%) 0.67 1,348
    2023-10-01 $270,973 (-12.2%) $337,808 (-3.9%) 0.64 1,370
    2023-11-01 $259,800 (-12.9%) $324,936 (-6.2%) 0.62 1,409
    2023-12-01 $256,000 (-12.6%) $324,863 (-6.5%) 0.63 1,328
    2024-01-01 $257,568 (-11.2%) $323,349 (-5.1%) 0.63 1,287
    2024-02-01 $259,995 (-13.0%) $323,270 (-6.1%) 0.63 1,298
    2024-03-01 $265,000 (-11.3%) $330,393 (-5.0%) 0.63 1,334
    2024-04-01 $267,125 (-12.4%) $431,897 (17.7%) 0.62 1,407
    2024-05-01 $265,450 (-11.0%) $337,292 (-6.9%) 0.61 1,618
    2024-06-01 $264,500 (-12.6%) $338,153 (-5.8%) 0.60 1,862
    2024-07-01 $258,948 (-13.7%) $335,862 (-7.3%) 0.59 2,071
    2024-08-01 $254,990 (-12.1%) $329,428 (-8.0%) 0.59 2,196
    2024-09-01 $246,698 (-12.9%) $327,983 (-5.4%) 0.59 1,689
    2024-10-01 $245,000 (-9.6%) $329,225 (-2.5%) 0.58 1,651
    2024-11-01 $248,000 (-4.5%) $332,027 (2.2%) 0.60 1,583
    2024-12-01 $249,000 (-2.7%) $333,075 (2.5%) 0.62 1,410
    2025-01-01 $250,000 (-2.9%) $335,062 (3.6%) 0.00 1,358
    Lubbock's median listing price for 2025-01-01 was $250,000, a difference of $-7,568 (-2.9%) versus the prior year and $1,000 versus the prior month.

    Lubbock's median listing price comes in at 0% of the national average.

    Lubbock's average listing price for 2025-01-01 was $335,062, a difference of $11,713 (3.6%) versus the prior year and $1,987 versus the prior month.

    For the 2025-01-01 period, Lubbock had 1,358 MLS listings, a difference of -52 listings (-4%) versus the prior month and 71 listings (6%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Lubbock (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 56 days 2,238 sqft
    2018-02-01 40 days 2,302 sqft
    2018-03-01 43 days 2,311 sqft
    2018-04-01 43 days 2,366 sqft
    2018-05-01 38 days 2,347 sqft
    2018-06-01 40 days 2,309 sqft
    2018-07-01 42 days 2,263 sqft
    2018-08-01 44 days 2,272 sqft
    2018-09-01 46 days 2,220 sqft
    2018-10-01 46 days 2,187 sqft
    2018-11-01 49 days 2,182 sqft
    2018-12-01 58 days 2,149 sqft
    2019-01-01 64 days 2,147 sqft
    2019-02-01 49 days 2,153 sqft
    2019-03-01 45 days 2,172 sqft
    2019-04-01 45 days 2,197 sqft
    2019-05-01 44 days 2,212 sqft
    2019-06-01 40 days 2,262 sqft
    2019-07-01 46 days 2,238 sqft
    2019-08-01 47 days 2,198 sqft
    2019-09-01 47 days 2,137 sqft
    2019-10-01 49 days 2,101 sqft
    2019-11-01 47 days 2,112 sqft
    2019-12-01 57 days 2,095 sqft
    2020-01-01 60 days 2,086 sqft
    2020-02-01 43 days 2,095 sqft
    2020-03-01 42 days 2,104 sqft
    2020-04-01 47 days 2,126 sqft
    2020-05-01 51 days 2,154 sqft
    2020-06-01 42 days 2,136 sqft
    2020-07-01 36 days 2,145 sqft
    2020-08-01 44 days 2,198 sqft
    2020-09-01 44 days 2,204 sqft
    2020-10-01 43 days 2,111 sqft
    2020-11-01 46 days 2,014 sqft
    2020-12-01 47 days 1,991 sqft
    2021-01-01 47 days 2,002 sqft
    2021-02-01 39 days 2,052 sqft
    2021-03-01 37 days 2,086 sqft
    2021-04-01 25 days 2,145 sqft
    2021-05-01 24 days 2,218 sqft
    2021-06-01 24 days 2,202 sqft
    2021-07-01 29 days 2,175 sqft
    2021-08-01 32 days 2,133 sqft
    2021-09-01 36 days 2,085 sqft
    2021-10-01 42 days 2,102 sqft
    2021-11-01 44 days 2,078 sqft
    2021-12-01 49 days 2,076 sqft
    2022-01-01 44 days 2,105 sqft
    2022-02-01 31 days 2,203 sqft
    2022-03-01 25 days 2,179 sqft
    2022-04-01 22 days 2,133 sqft
    2022-05-01 21 days 2,114 sqft
    2022-06-01 25 days 2,093 sqft
    2022-07-01 28 days 2,100 sqft
    2022-08-01 31 days 2,092 sqft
    2022-09-01 36 days 2,082 sqft
    2022-10-01 38 days 2,092 sqft
    2022-11-01 44 days 2,059 sqft
    2022-12-01 50 days 2,031 sqft
    2023-01-01 52 days 2,018 sqft
    2023-02-01 41 days 2,031 sqft
    2023-03-01 44 days 2,047 sqft
    2023-04-01 40 days 2,101 sqft
    2023-05-01 33 days 2,067 sqft
    2023-06-01 37 days 2,090 sqft
    2023-07-01 37 days 2,069 sqft
    2023-08-01 44 days 2,045 sqft
    2023-09-01 45 days 2,000 sqft
    2023-10-01 40 days 1,919 sqft
    2023-11-01 47 days 1,893 sqft
    2023-12-01 59 days 1,878 sqft
    2024-01-01 63 days 1,862 sqft
    2024-02-01 48 days 1,859 sqft
    2024-03-01 40 days 1,915 sqft
    2024-04-01 39 days 1,916 sqft
    2024-05-01 43 days 1,895 sqft
    2024-06-01 61 days 1,907 sqft
    2024-07-01 80 days 1,902 sqft
    2024-08-01 93 days 1,885 sqft
    2024-09-01 48 days 1,871 sqft
    2024-10-01 52 days 1,874 sqft
    2024-11-01 59 days 1,886 sqft
    2024-12-01 65 days 1,907 sqft
    2025-01-01 0 days 1,902 sqft
    Lubbock's median listing age (time on market) for 2025-01-01 was 0 days. This is -100% shorter than the same period one year ago.

    Lubbock's median square footage for active listings during the 2025-01-01 period was 1,902 sqft. One year prior, the average listing was 1,862 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).