Spokane FHA Loan Rates, Closing Costs & Stats

SPOKANE-SPOKANE VALLEY, WA

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.

Spokane's 110 lenders originated 1,318 FHA loans during 2023. The total origination value was $429,460,000, with an average FHA loan value of $325,842.

Spokane FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Spokane averaged 6.13% for the week of 2024-12-13, compared to the national average (all FHA variants) of 6.277% for the same period.

Spokane's average FHA mortgage closing costs are $9,068.

The average rate for the prior week (2024-12-06) was 6.5% and one month ago for the week of 2024-11-08, the average rate was 6.16%.

The average rate one year ago was 6.77%.

For refis of the same type during the week of 2024-12-13, the average rate was 7.11%.

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

Spokane 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 Spokane level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Sunflower Bank 113 6.37% $13,224
UNITED WHOLESALE MORTGAGE, LLC 84 6.18% $14,485
QUICKEN LOANS, LLC 80 6.15% $13,325
American Mortgage & Equity Consultants, Inc. 52 6.68% $15,095
AMERICAN PACIFIC MORTGAGE CORPORATION 51 6.73% $15,144
CMG MORTGAGE, INC. 37 6.66% $15,296
DHI MORTGAGE COMPANY, LTD. 36 5.51% $10,625
GUILD MORTGAGE COMPANY 36 6.92% $13,740
MOVEMENT MORTGAGE, LLC 31 7.06% $14,258
SUMMIT FUNDING, INC. 26 6.84% $14,411
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 25 7.04% $14,433
CROSSCOUNTRY MORTGAGE, LLC 22 7.05% $15,344
ENVOY MORTGAGE, LTD 21 7.07% $13,869
LOANDEPOT.COM, LLC 18 6.19% $15,993
CHURCHILL MORTGAGE CORPORATION 17 6.76% $13,557
LEADERONE FINANCIAL CORPORATION 16 6.23% $15,098
AMERISAVE MORTGAGE CORPORATION 15 5.86% $15,732
Willamette Valley Bank 15 6.53% $15,153
CORNERSTONE HOME LENDING, INC. 15 6.69% $15,040
CARDINAL FINANCIAL 15 6.40% $15,444
PREMIER MORTGAGE RESOURCES, L.L.C. 14 6.29% $19,662
PENRITH HOME LOANS LLC 13 6.46% $14,072
Northpointe Bank 13 7.20% $11,762
PENNYMAC LOAN SERVICES, LLC 13 6.36% $14,149
ACADEMY MORTGAGE CORPORATION 12 6.50% $12,641
Paramount Residential Mortgage Group, Inc. 12 6.51% $16,842
MANN FINANCIAL INC. 12 6.57% $13,066
EAGLE HOME MORTGAGE, LLC 12 5.51% $13,773
CANOPY MORTGAGE, LLC 11 7.29% $19,992
Wheatland Bank 11 6.78% $14,640
T2 FINANCIAL LLC 11 7.39% $12,132
PREMIER LENDING, INC. 10 6.88% $13,038
GUARANTEED RATE, INC. 10 6.37% $12,868
Sierra Pacific Mortgage Company, Inc. 9 6.46% $14,306
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 9 6.81% $15,471
FREEDOM MORTGAGE CORPORATION 9 6.83% $15,595
HomeStreet Bank 9 6.76% $15,110
NUMERICA CREDIT UNION 8 6.31% $11,014
EVERETT FINANCIAL, INC. 8 6.38% $13,978
BROKER SOLUTIONS, INC. 8 6.81% $13,844
MID AMERICA MORTGAGE, INC. 7 6.79% $9,505
Flagstar Bank, FSB 6 6.58% $10,374
Carrington Mortgage Services, LLC 6 6.10% $15,627
BAY EQUITY LLC 5 6.08% $15,042
AMERICAN FINANCIAL NETWORK, INC. 5 7.13% $14,978
Boeing Employees Credit Union 5 6.65% $9,726
IDAHO CENTRAL 5 6.68% $14,869
LAKEVIEW LOAN SERVICING, LLC 5 6.23% $15,720
Mr. Cooper ( Nationstar Mortgage ) 5 5.83% $19,931
NEWREZ LLC 5 6.48% $15,409
PLANET HOME LENDING, LLC 5 5.65% $11,331
S1L, Inc. 5 6.80% $11,290
Banner Bank 4 7.00% $8,469
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 6.62% $10,875
Glacier Bank 4 6.28% $14,194
The Federal Savings Bank 4 6.31% $15,054
SUN WEST MORTGAGE COMPANY, INC. 4 6.09% $15,986
AXIA FINANCIAL, LLC 4 6.88% $13,807
Equity Prime Mortgage LLC 4 6.72% $15,938
Washington Trust Bank 4 7.06% $13,550
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.50% $16,683
Loan Simple, Inc. 3 7.37% $13,613
Lakeview Community Capital, LLC 3 6.54% $15,775
AMERICAN FINANCING CORPORATION 3 6.38% $10,499
MORTGAGE SOLUTIONS OF COLORADO, LLC 3 7.58% $14,710
ZILLOW HOME LOANS, LLC 3 6.83% $12,994
Century Mortgage Company DBA Century Lending Company 3 6.29% $15,167
CHERRY CREEK MORTGAGE, LLC 3 6.75% $4,058
U.S. Bank 3 7.00% $13,680
TOP FLITE FINANCIAL, INC. 3 7.08% $16,293
JPMorgan Chase Bank 3 6.96% $9,850
LOANPAL, LLC 3 5.83% $13,300
INTERCAP LENDING INC. 2 7.00% $17,634
GENEVA FINANCIAL, LLC 2 6.81% $14,632
Mortgage Research Center, LLC 2 6.44% $10,356
NETWORK CAPITAL FUNDING CORPORATION 2 5.94% $11,187
Alaska USA Federal Credit Union 2 6.31% $11,971
CALIBER HOME LOANS, INC. 2 5.94% $12,227
Plains Commerce Bank 2 6.38% $14,428
CALCON MUTUAL MORTGAGE LLC 2 6.44% $20,244
SUMMIT MORTGAGE CORPORATION 2 6.81% $12,458
Umpqua Bank 2 6.88% $10,048
AMERICAN FINANCIAL RESOURCES, INC. 2 6.25% $13,531
VILLAGE CAPITAL MORTGAGE 2 5.82% $14,657
V.I.P. MORTGAGE, INC. 2 6.81% $15,897
HOMESIDE FINANCIAL, LLC 2 6.25% $15,033
Wallick & Volk, Inc. 2 7.19% $9,426
Ixonia Bank 2 6.75% $18,967
NATIONWIDE MORTGAGE BANKERS, INC. 1 6.12% $22,030
Barrington Bank & Trust Company, N.A. 1 7.25% $13,779
SOUTHWEST STAGE FUNDING, LLC 1 5.75% $4,741
NATIONS DIRECT MORTGAGE, LLC 1 7.25% $16,611
HORIZON 1 6.75% $13,546
MORTGAGE LENDING GROUP LLC 1 6.99% $18,114
FIRST COMMUNITY MORTGAGE, INC. 1 7.25% $17,002
MICHIGAN MUTUAL, INC. 1 5.13% $21,339
First Savings Bank 1 7.00% $19,688
LIBERTY HOME MORTGAGE CORPORATION 1 7.25% $18,472
WASHINGTON STATE EMPLOYEES Credit Union 1 5.63% $13,325
Chickasaw Community Bank 1 7.38% $6,811
Commerce Home Mortgage, Inc. 1 7.38% $12,078
United Fidelity Funding Corp. 1 5.50% $15,286
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.75% $11,296
AHL FUNDING 1 6.13% $25,023
LEGEND LENDING CORPORATION 1 6.75% $14,569
BAY-VALLEY MORTGAGE GROUP 1 6.75% $15,161
PRIORITY HOME LENDING, LLC 1 5.63% $6,137
1st Security Bank of Washington 1 7.63% $17,045
RANLIFE, INC. 1 6.50% $17,613
RESIDENTIAL BANCORP 1 7.00% $9,134

The top Spokane FHA lender as defined by loan originations is Sunflower Bank, with 113 FHA loans originated. Their average total fees are $13,224, which is $1,261 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Spokane FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($10,625), Northpointe Bank ($11,762), T2 FINANCIAL LLC ($12,132), ACADEMY MORTGAGE CORPORATION ($12,641) and GUARANTEED RATE, INC. ($12,868).

The lowest rate Spokane FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (5.51%), DHI MORTGAGE COMPANY, LTD. (5.51%), AMERISAVE MORTGAGE CORPORATION (5.86%), QUICKEN LOANS, LLC (6.15%) and UNITED WHOLESALE MORTGAGE, LLC (6.18%).

Spokane FHA Loan Limits

Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
SPOKANE-SPOKANE VALLEY, WA SPOKANE 2022 $420,680 $538,650 $651,050 $809,150
SPOKANE-SPOKANE VALLEY, WA STEVENS 2022 $420,680 $538,650 $651,050 $809,150
SPOKANE-SPOKANE VALLEY, WA SPOKANE 2023 $472,030 $604,400 $730,525 $907,900
SPOKANE-SPOKANE VALLEY, WA STEVENS 2023 $472,030 $604,400 $730,525 $907,900

Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Spokane (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 $285,000 (13.3%) $356,589 (11.9%) 1.06 1,074
2018-02-01 $298,625 (13.8%) $373,506 (13.9%) 1.08 991
2018-03-01 $309,900 (12.7%) $381,101 (10.9%) 1.09 980
2018-04-01 $319,225 (12.0%) $392,806 (12.5%) 1.08 1,110
2018-05-01 $319,070 (10.4%) $395,916 (11.7%) 1.07 1,260
2018-06-01 $315,000 (9.2%) $395,583 (11.1%) 1.05 1,421
2018-07-01 $317,500 (11.4%) $399,258 (14.0%) 1.06 1,543
2018-08-01 $309,463 (12.5%) $391,344 (14.6%) 1.04 1,605
2018-09-01 $300,000 (9.1%) $388,146 (13.8%) 1.01 1,633
2018-10-01 $312,250 (14.6%) $397,319 (16.3%) 1.06 1,559
2018-11-01 $319,500 (19.2%) $403,049 (19.2%) 1.08 1,342
2018-12-01 $318,500 (15.8%) $402,314 (15.3%) 1.10 1,127
2019-01-01 $327,995 (15.1%) $415,262 (16.5%) 1.13 950
2019-02-01 $335,845 (12.5%) $422,619 (13.2%) 1.13 859
2019-03-01 $341,043 (10.1%) $427,846 (12.3%) 1.12 892
2019-04-01 $346,818 (8.6%) $430,929 (9.7%) 1.10 1,003
2019-05-01 $349,985 (9.7%) $426,538 (7.7%) 1.09 1,170
2019-06-01 $349,990 (11.1%) $419,099 (5.9%) 1.09 1,286
2019-07-01 $344,850 (8.6%) $407,997 (2.2%) 1.08 1,469
2019-08-01 $340,273 (10.0%) $410,018 (4.8%) 1.08 1,492
2019-09-01 $340,682 (13.6%) $415,422 (7.0%) 1.09 1,473
2019-10-01 $340,955 (9.2%) $419,683 (5.6%) 1.10 1,451
2019-11-01 $345,000 (8.0%) $422,492 (4.8%) 1.13 1,256
2019-12-01 $342,970 (7.7%) $420,764 (4.6%) 1.14 1,044
2020-01-01 $342,498 (4.4%) $419,674 (1.1%) 1.14 813
2020-02-01 $359,900 (7.2%) $438,812 (3.8%) 1.18 747
2020-03-01 $379,924 (11.4%) $448,389 (4.8%) 1.19 795
2020-04-01 $379,350 (9.4%) $451,379 (4.8%) 1.19 932
2020-05-01 $385,604 (10.2%) $455,230 (6.7%) 1.17 940
2020-06-01 $384,975 (10.0%) $450,694 (7.5%) 1.13 938
2020-07-01 $393,963 (14.2%) $459,805 (12.7%) 1.14 885
2020-08-01 $388,073 (14.1%) $464,389 (13.3%) 1.11 858
2020-09-01 $387,419 (13.7%) $462,065 (11.2%) 1.11 842
2020-10-01 $376,156 (10.3%) $462,780 (10.3%) 1.08 751
2020-11-01 $374,950 (8.7%) $466,012 (10.3%) 1.10 614
2020-12-01 $369,849 (7.8%) $470,358 (11.8%) 1.10 464
2021-01-01 $369,900 (8.0%) $490,305 (16.8%) 1.10 324
2021-02-01 $378,155 (5.1%) $512,838 (16.9%) 1.10 286
2021-03-01 $377,450 (-0.7%) $508,198 (13.3%) 1.07 323
2021-04-01 $399,900 (5.4%) $529,689 (17.4%) 1.08 331
2021-05-01 $413,000 (7.1%) $530,315 (16.5%) 1.10 395
2021-06-01 $422,450 (9.7%) $569,547 (26.4%) 1.11 514
2021-07-01 $439,995 (11.7%) $570,861 (24.2%) 1.16 647
2021-08-01 $454,400 (17.1%) $567,544 (22.2%) 1.21 728
2021-09-01 $450,000 (16.2%) $565,649 (22.4%) 1.20 850
2021-10-01 $450,000 (19.6%) $551,467 (19.2%) 1.20 839
2021-11-01 $449,975 (20.0%) $557,558 (19.6%) 1.20 627
2021-12-01 $459,725 (24.3%) $576,341 (22.5%) 1.25 479
2022-01-01 $480,825 (30.0%) $617,610 (26.0%) 1.30 328
2022-02-01 $480,480 (27.1%) $631,296 (23.1%) 1.25 306
2022-03-01 $479,995 (27.2%) $633,895 (24.7%) 1.20 333
2022-04-01 $500,000 (25.0%) $642,876 (21.4%) 1.19 440
2022-05-01 $509,625 (23.4%) $635,058 (19.8%) 1.17 719
2022-06-01 $517,450 (22.5%) $642,778 (12.9%) 1.15 955
2022-07-01 $499,000 (13.4%) $607,213 (6.4%) 1.12 1,276
2022-08-01 $489,951 (7.8%) $594,388 (4.7%) 1.13 1,375
2022-09-01 $476,125 (5.8%) $579,690 (2.5%) 1.11 1,376
2022-10-01 $469,900 (4.4%) $571,775 (3.7%) 1.11 1,355
2022-11-01 $449,935 (0.0%) $554,276 (-0.6%) 1.08 1,219
2022-12-01 $449,063 (-2.3%) $545,089 (-5.4%) 1.11 967
2023-01-01 $449,475 (-6.5%) $548,403 (-11.2%) 1.11 763
2023-02-01 $480,500 (0.0%) $577,914 (-8.5%) 1.16 683
2023-03-01 $497,725 (3.7%) $591,639 (-6.7%) 1.17 677
2023-04-01 $512,500 (2.5%) $604,916 (-5.9%) 1.19 780
2023-05-01 $524,924 (3.0%) $622,699 (-2.0%) 1.19 941
2023-06-01 $532,488 (2.9%) $633,820 (-1.4%) 1.20 1,136
2023-07-01 $535,000 (7.2%) $629,217 (3.6%) 1.22 1,336
2023-08-01 $525,000 (7.2%) $620,451 (4.4%) 1.21 1,402
2023-09-01 $514,000 (8.0%) $618,592 (6.7%) 1.20 1,457
2023-10-01 $499,575 (6.3%) $605,209 (5.9%) 1.18 1,447
2023-11-01 $497,000 (10.5%) $598,163 (7.9%) 1.18 1,323
2023-12-01 $490,000 (9.1%) $603,323 (10.7%) 1.20 1,113
2024-01-01 $498,120 (10.8%) $612,666 (11.7%) 1.22 915
2024-02-01 $503,985 (4.9%) $617,954 (6.9%) 1.21 875
2024-03-01 $510,000 (2.5%) $620,133 (4.8%) 1.20 915
2024-04-01 $522,500 (2.0%) $647,977 (7.1%) 1.22 1,078
2024-05-01 $544,450 (3.7%) $662,479 (6.4%) 1.23 1,341
2024-06-01 $530,000 (-0.5%) $650,286 (2.6%) 1.19 1,579
2024-07-01 $525,000 (-1.9%) $633,632 (0.7%) 1.20 1,747
2024-08-01 $515,000 (-1.9%) $624,397 (0.6%) 1.20 1,767
2024-09-01 $505,000 (-1.8%) $623,689 (0.8%) 1.19 1,791
2024-10-01 $497,125 (-0.5%) $615,083 (1.6%) 1.17 1,792
2024-11-01 $489,950 (-1.4%) $607,370 (1.5%) 1.18 1,673
Spokane's median listing price for 2024-11-01 was $489,950, a difference of $-7,050 (-1.4%) versus the prior year and $-7,175 versus the prior month.

Spokane's median listing price comes in at 118% of the national average.

Spokane's average listing price for 2024-11-01 was $607,370, a difference of $9,207 (1.5%) versus the prior year and $-7,713 versus the prior month.

For the 2024-11-01 period, Spokane had 1,673 MLS listings, a difference of -119 listings (-7%) versus the prior month and 350 listings (26%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Spokane (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 69 days 2,262 sqft
2018-02-01 47 days 2,315 sqft
2018-03-01 44 days 2,356 sqft
2018-04-01 36 days 2,364 sqft
2018-05-01 33 days 2,401 sqft
2018-06-01 36 days 2,360 sqft
2018-07-01 39 days 2,390 sqft
2018-08-01 41 days 2,353 sqft
2018-09-01 44 days 2,352 sqft
2018-10-01 46 days 2,320 sqft
2018-11-01 53 days 2,329 sqft
2018-12-01 66 days 2,316 sqft
2019-01-01 66 days 2,353 sqft
2019-02-01 49 days 2,351 sqft
2019-03-01 41 days 2,363 sqft
2019-04-01 30 days 2,349 sqft
2019-05-01 32 days 2,380 sqft
2019-06-01 35 days 2,434 sqft
2019-07-01 37 days 2,401 sqft
2019-08-01 38 days 2,391 sqft
2019-09-01 39 days 2,373 sqft
2019-10-01 41 days 2,359 sqft
2019-11-01 47 days 2,275 sqft
2019-12-01 62 days 2,225 sqft
2020-01-01 69 days 2,194 sqft
2020-02-01 53 days 2,241 sqft
2020-03-01 40 days 2,315 sqft
2020-04-01 40 days 2,324 sqft
2020-05-01 43 days 2,321 sqft
2020-06-01 39 days 2,319 sqft
2020-07-01 39 days 2,342 sqft
2020-08-01 39 days 2,308 sqft
2020-09-01 43 days 2,307 sqft
2020-10-01 47 days 2,264 sqft
2020-11-01 52 days 2,215 sqft
2020-12-01 57 days 2,152 sqft
2021-01-01 52 days 2,114 sqft
2021-02-01 40 days 2,091 sqft
2021-03-01 30 days 2,151 sqft
2021-04-01 25 days 2,150 sqft
2021-05-01 27 days 2,161 sqft
2021-06-01 21 days 2,218 sqft
2021-07-01 26 days 2,211 sqft
2021-08-01 29 days 2,209 sqft
2021-09-01 31 days 2,254 sqft
2021-10-01 35 days 2,219 sqft
2021-11-01 50 days 2,144 sqft
2021-12-01 72 days 2,145 sqft
2022-01-01 61 days 2,041 sqft
2022-02-01 33 days 2,022 sqft
2022-03-01 25 days 2,038 sqft
2022-04-01 22 days 2,165 sqft
2022-05-01 20 days 2,220 sqft
2022-06-01 22 days 2,217 sqft
2022-07-01 28 days 2,190 sqft
2022-08-01 32 days 2,193 sqft
2022-09-01 39 days 2,178 sqft
2022-10-01 39 days 2,158 sqft
2022-11-01 44 days 2,131 sqft
2022-12-01 57 days 2,120 sqft
2023-01-01 52 days 2,102 sqft
2023-02-01 43 days 2,123 sqft
2023-03-01 37 days 2,167 sqft
2023-04-01 30 days 2,193 sqft
2023-05-01 29 days 2,251 sqft
2023-06-01 30 days 2,303 sqft
2023-07-01 35 days 2,312 sqft
2023-08-01 37 days 2,318 sqft
2023-09-01 41 days 2,304 sqft
2023-10-01 39 days 2,276 sqft
2023-11-01 47 days 2,255 sqft
2023-12-01 57 days 2,258 sqft
2024-01-01 46 days 2,247 sqft
2024-02-01 39 days 2,210 sqft
2024-03-01 39 days 2,211 sqft
2024-04-01 31 days 2,240 sqft
2024-05-01 26 days 2,309 sqft
2024-06-01 30 days 2,326 sqft
2024-07-01 38 days 2,301 sqft
2024-08-01 44 days 2,287 sqft
2024-09-01 43 days 2,264 sqft
2024-10-01 45 days 2,245 sqft
2024-11-01 54 days 2,203 sqft
Spokane's median listing age (time on market) for 2024-11-01 was 54 days. This is 16% longer than the same period one year ago.

Spokane's median square footage for active listings during the 2024-11-01 period was 2,203 sqft. One year prior, the average listing was 2,255 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).