Can I be denied a mortgage even though the home I planned to purchase had an appraised condition listed as C-4?

Generally speaking, I would say 'No'. But it could be a contributing factor if there are other significant items with the borrower that would make the loan exceed the risk threshold of the lender. This is the definition of a C4 designation: "The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has been adequately maintained and requires only minimal repairs to building components /mechanical systems and cosmetic repairs. All major building components have been adequately maintained and are functionally adequate." I have been told that Fannie Mae and Freddie Mac will not purchase loans where the appraiser designates C-5 and C-6 conditions. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.