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Structural Engineering questions, answered by experts

It depends on the bank and the extent of the issue. Some banks will lend against homes with minor foundation damage, but most won’t if the issue is structural since the home acts as collateral for the mortgage. Banks that offer renovation loans might still finance a home with structural problems. More minor issues like settling cracks and intermittent problems with humidity are unlikely to stop a bank from financing.

Yes, an LVL beam is more affordable than the cost of a steel I-beam, totaling between $50 and $200 per linear foot as opposed to the $100 to $400 per linear foot you’d pay for a steel I-beam. Not only is the wood material more affordable than steel, but it’s also more similar to traditional wooden beams and doesn’t require as much retrofitting to connect joists.

Provides expert analysis, ensuring safety and compliance with building codes.

Costs depend on unit complexity, labor, wall mounting needs, and additional accessories like floating shelves.

Any issue that affects the structural integrity or soundness of a home is considered a structural issue. In addition to foundation cracks, other signs of structural issues include roof leaks, bowing walls, sloping floors, gaps around windows and doors, and more.

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