Finance
Wisconsin lenders who participate in FHA lending must comply with FHA's Minimum Property Standards (MPS), which ensure the property is:
AValued above the median home price
BSafe, sound, and secure✓ Correct
CLocated in an approved zip code
DFree of any easements
Explanation
FHA's Minimum Property Standards require that properties financed with FHA loans be safe (no health hazards), sound (structurally adequate), and secure (protecting the occupants and the lender's collateral).
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