As a purchaser of a new or newly constructed home, can I still purchase a home warranty plan?

Yes, a buyer of a new or newly constructed home can choose to purchase a warranty plan from any warranty provider. The purchase of a 10-year warranty, however, is no longer a requirement for FHA mortgage insurance.

HQ Policy Determination

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-05317