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Referred to within the legislation simply as the "National Housing Act", the program was managed by the Federal Housing Administration (FHA), an agency created by the 1934 Act. Previous amendments to the 1934 Act were made in 1937 and 1949 .
The typical deck railing is generally built from pressure treated lumber. [14] Posts on a deck are also typically pressure treated wood and standard sizes are 4x4, 6x6, and 8x8. These posts give structural support to the railing assembly and are the most critical part for the safety of the guard rail assembly. [ 15 ]
Railings on decks above 760 mm (30 in) are considered guard rails. [according to whom?] Guard rails have a specific building code requirement for both height and structural strength. Most U.S. commercial building codes require a 1,100 mm (42 in) guardrail on decks, and 910 or 1,070 mm (36 or 42 in) for a residential code depending on the state.
Appraisal vs. home inspection. The FHA requires an appraisal (and so do many mortgage lenders for all kinds of loans, such as conventional loans), while an inspection is an optional but highly ...
Here’s an overview of the requirements for an FHA loan: FHA credit score: As low as 580 with a 3.5 percent down payment or as low as 500 with a 10 percent down payment
There are two types of FHA construction loans: an FHA construction-to-permanent loan and a FHA 203(k) loan. FHA construction loans can be rolled into an FHA permanent mortgage.
It created the Federal Housing Administration (FHA) [3] and the Federal Savings and Loan Insurance Corporation (FSLIC). [4] The Act was designed to stop the tide of bank foreclosures on family homes during the Great Depression. Both the FHA and the FSLIC worked to create the backbone of the mortgage and home building industries, until the 1980s ...
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, established in part by the National Housing Act of 1934.