Can I get FHA financing if there is damaged asbestos siding?

I have made an offer on a house and it may have asbestos siding. The seller has accepted the offer. The siding may be asbestos which from what I have read is not a problem unless it is deteriorating. There is one small spot on the house where the siding has been nicked off (about 2 or 3 inches of the edge). My question is will I still be able to get FHA approval for the home?

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  • ?
    Lv 7
    8 years ago
    Favorite Answer

    Nope not with asbestos siding. Seller will have to have the entire house resided.

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