Sentences with phrase «eligible property types»

Eligible Property Types: Residential SFR, Condo 2 - 4 Units, Non Warrantable Condos and Condotels OK, Multi-Family, Mixed Use, Office & Retail

A: Eligible property types include single - family homes, 2 - 4 unit properties, manufactured homes (built after June 1976), condominiums, and townhouses.

For most reverse mortgage transactions (those requiring FHA standards), eligible property types must meet all FHA property standards and flood requirements:

FHA home loans are available for manufactured homes that meet the FHA guidelines that outline the specifics for eligible property types.

Eligible property types include single - family homes, 1 - 4 unit properties, some condos and manufactured homes.

Eligible property types include single - family house or townhome; FHA (Federal Housing Administration) approved condos; manufactured home that meets certain requirements.

* Eligible property types include existing homes, new construction, modular homes, Planned Unit Developments (PUD's), eligible condominiums and new manufactured homes.

Condominiums must be approved by the Department of Housing and Urban Development (HUD) and all eligible property types must meet FHA requirements.

Manufactured housing — One - unit manufactured home properties will be permitted as an eligible property type for principal residence transactions.

Not exact matches

In 2016, 2.7 million properties in the state outside of New York City (58.3 percent) were eligible for some type of tax exemption, according to DiNapoli's report.

The AAG Advantage is available not only to owners of property types eligible for a HECM loan, but also to owners of Ginnie Mae - approved condominiums.

The following property types are not eligible for home equity loans or home equity lines of credit from WSFS Bank: mixed - use properties, life estates, co-ops, timeshares, working farms, commercial properties and land / lots.

The fine print points out some of the details of the eligibility including the types of properties that are eligible for financing including a home purchase, condominium loan and construction.

Although mobile homes are generally not a property type that is eligible for a reverse mortgage, some manufactured homes are approved by the Department of Housing and Urban Development (HUD) and meet Federal Housing Administration (FHA) requirements.

Most types of 1 - 4 unit residential properties are eligible.

The major differences concern the property types that are eligible, the cash required at closing, the involvement of a Realtor in the loan process, the recommendation of a professional home inspection, and certain closing costs.

«The proposed changes limit the types of trusts that are eligible to designate a property as a principal residence,» says Sliskovic.

If you're looking for a loan to purchase a property where you would lease some or all of the space out to other businesses, you might not be eligible for some types of real estate financing.

If you're the type of traveler who regularly stays at hotels that fall within the Club Carlson network, this card will earn solid rewards that are eligible for future stays at those same properties.

You may be wondering what types of property are eligible for a premises liability claim.

On average, this coverage is available to the same people who are eligible for other types of coverage under a Homeowners Insurance contract (for example, dwelling, property and liability protection).

An RCV policy is the more expensive of the two policy types, but a replacement cost rider can be added to an ACV policy to allow you to make RCV claims on certain eligible property, and may even be included in the cost of the policy so you won't have to pay more for it.

There isn't any maximum purchase price, and home buyers may purchase a variety of property types, including existing homes, new construction, modular homes, planned unit developments (PUD's), eligible condominiums and new manufactured homes.

Owner - occupied residences in South Dakota are eligible for property tax rates significantly lower than those on other types of property (like investment properties or second homes).

Once they are granted that classification, they will be eligible to pay a lower school district rate than the rate applies to other types of property.

Owner occupied residences are eligible for a lower tax rate than other types of property.

If you're interested in this type of loan, check that the property is located in an eligible area by using the USDA website.