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 What are the steps to ensure the 203k repairs meet energy
requirements?

Home > Faq > What are the steps to ensure the 203k repairs meet energy requirements?

What are the steps to ensure the 203k repairs meet energy requirements?

  • A Physical Inspection of the property by a home energy rating system (HERS) or energy consultant will determine the cost of the energy improvements and the estimate of the energy savings. The entire cost of the HERS or energy consultant can be included in the mortgage.
    The energy savings estimate in new construction must be based upon a comparison of plans with the additional energy saving improvements to the house that meet the current FHA energy conservation standards. Presently, these standards are those of the 1992 CABO Model Energy Code(MEC).
  • The energy inspection of the property must be performed prior to completion of the work write-up and cost estimate to assure there is no duplication of work items in the mortgage.
  • The cost of the energy improvements are calculated by the lender to determine how much can be added to the mortgage amount after the appraisal is done.
 

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