WebIf a private well is the primary source of drinking water, these minimum requirements must be met in order to obtain an FHA loan. Minimum of 100 feet from septic tank’s drain field. Minimum of 10 feet from any property line. If state or local regulations require greater distances, those must be followed. BUT FHA states that “If, however ... Weba. Shared Well Requirements. A shared well refers to a well that serves two or more properties. The shared well must be: capable of providing a continuing supply of safe …
Private Well Requirements for FHA Lending - n.b5z.net
WebJul 19, 2024 · For properties that rely on a shared well or cistern, these additional requirements must be met before loan approval. Each property must be properly … WebThe Federal Housing Administration's (FHA) Single Family Housing Policy Handbook 4000.1 (SF Handbook) is a consolidated, consistent, and comprehensive source of FHA Single … how to change bluetooth headphone name
Shared Well & Septic Rules: FHA/VA/USDA/Conventional Loans
WebA Shared Well most commonly involves adjacent homeowners who elect to share the water of a single private well. The water rights are outlined in a legal document called a … WebThe Federal Housing Administration's (FHA) Single Family Housing Policy Handbook 4000.1 (SF Handbook) is a consolidated, consistent, and comprehensive source of FHA Single Family Housing policy. Consolidated: Hundreds of FHA Handbooks, Mortgagee Letters, Housing Notices, and other policy documents have been consolidated into this … WebAug 1, 2024 · FHA loan rules in HUD 4000.1 require the tank to be at least 50 feet from any well on the property. The rules for placement include requirements that wells are kept a minimum distance from other aspects of the property including: Property line: 10 feet. Septic tank: 50 feet. Drain field: 75-100 feet. michael che kids