Homeowner Septic Repair Loan program homeowner septic repair Loan Program-1 2005 Introduction This manual has been developed to provide information to lenders on the origination, underwriting, and processing of loans under the Homeowner Septic Repair Program. All
What are the FHA requirements for sewer/septic systems? Some borrowers want to know if the property they’re interested in purchasing with an FHA mortgage loan will qualify if there is a septic tank on the property. Others want to know specific required distances from a septic tank to the property line or related requirements.
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The loan program is a combined effort of the department of environmental protection, the Massachusetts Department of revenue and the Massachusetts Housing financing agency- which provides below market rate loans to eligible homeowners for connecting to town sewer lines or for a septic system repair or replacement in accordance with Title 5.
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