Can the property have an in-ground pool?
Yes, but the value of the pool cannot be financed. To make things simple, let’s say that the purchase contract for the home is $100K, the appraisal comes in at $105K and the pool is valued at $5K. In this example, you can still finance 100% of the purchase price without the pool becoming a factor in financing. If the pool is given no value it does not factor into the equation.