Dear Kelly Kellogg, The Appraisal Expert,
Is concrete flooring or exposed concrete acceptable to FHA?
Exposed concrete, concrete flooring or concrete floor that is acid stained or painted is no longer acceptable flooring. It is considered to be exposed foundation to FHA and must be covered with a finished, marketable flooring. This issue is not clear because
at one time FHA deemed it as an acceptable floor. However, it is no longer allowed for FHA financing.
Kelly Kellogg, The Appraisal Expert