The water cannot be accumulated on sloped roof especially with a higher pitch, and the possibility of leaking significantly lower in comparison with a flat roof. But it can be damaged by strong winds what is not an issue for a flat roof. There are different types of roofing materials for sloped roof.
- The mortgagor must have made at least six payments on the FHA- insured mortgage that is being refinanced, and. - At least six full months must have passed since the first payment due date of the refinanced mortgage, and. - At least 210 days have passed from the closing date of the mortgage being refinanced.
This is HUGE NEWS! The FHA has announced it is waiving its 3-year foreclosure/short sale waiting period! There are requirements, it is the government, but this is a GAME CHANGER! If you experienced a foreclosure, short sale, bankruptcy, etc you now only have to wait 1 YEAR before you can apply for an FHA mortgage - not 3 YEARS.