I purchased a home 6 years ago for cash. The home needed extensive work. We lived somewhere else for 3 years while we had some work done as in convert from boiler to forced air, all new electric from knob and tube as well as all new plumbing. We have also completely updated one of the bathrooms. We have ran into an issue with a previous contractor who gutted our entire 2nd floor and stopped coming by. So the walls are just down to the studs (4 bedrooms, master bath, and hall). Also the kitchen was completely gutted when we purchased the property and is still that way. In the winter the overhang on the corner of our original state roof fell (slate is in good condition per home inspector). My question is, we have applied for a home equity loan to repair the home, due to a chapter 7 bankruptcy 3 years ago, I am unable to do a conventional loan so our mortgage lender said I can do a FHA home equity loan. Everything I have read is mostly for people buying thru FHA, are the guidelines still the same when it comes to the inspection? With all the things I have mentioned is it possible to still be approved for a FHA home equity loan, or should I look at other options.