FHA LOAN // LEAD PAINT

[Jim Sestito]

Hi Guys,

I am purchasing a 4-Plex in Massachusetts built in 1912.  This means the house most likely has lead based paint (on the inside- outside is vinyl).

Has anyone ever purchased a home with lead based paint while using an FHA loan?

Any guidance / stories would be great.

[Mike Hoefling]

Yes, I purchased a 4-plex in June of 2013 in Worcester, MA no issues with lead paint and I have since had 2 of the units tested confirming there is lead-based paint. I think FHA is more concerned with paint that is flaking off than the actual lead.