Sentences with phrase «occupancy requirement on»

Polychron drew loud applause when he mentioned that just last week, the FHA, which has been crafting rules to reflect the law, announced that it will lower the owner - occupancy requirement on condominiums from 50 percent to 35 percent.

FHA lowers the owner - occupancy requirement on condominiums from 50 percent to 35 percent, effective immediately.

For example, a spouse or children may be able to fulfill the occupancy requirement on behalf of a VA buyer.

Not exact matches

Unit overheads were estimated through the same finance departments for all settings and covered management and administrative costs, operational costs (including heating and lighting, training, building maintenance), indirect overheads (including personnel and finance functions), and capital costs based on the new build and land requirements of NHS facilities, accounting for unit occupancy rates.

A requirement that many individuals sign up anew to the electoral register is widely expected to lead to a drop in the number of lower - income voters in multiple - occupancy and rented accommodation — especially students and immigrants — on the rolls.

Alicia Dunams states, «The virtual book launch party on Google + Hangout will be a much more successful venue because it removes constraints due to location and occupancy requirements and presents these new authors to the entire world.»

(1) If a condo project is on the list, it must still be checked by your lender to make sure it still meets HUD's requirements (for owner / occupancy ratios, etc..)

Like the other government - backed loans, VA home loans have occupancy requirements that help keep the program's focus on primary residences.

Yes; as long as the applicant meets all age and occupancy requirements, relation has no bearing on their ability to be on the title or the note.

Caravan Cash Out Certificate CHFA Code Violation Comps Capitalization Capitalization Accounting Cash Flow Certificate of Commitment for VA Loan Guaranty Certificate of Deposit Certificate of Eligibility Certificate of Loan Disbursement Certificate of Occupancy Certificate of Reasonable Value Change Order Chattel Clear Title Closing Closing Costs Closing Statement Cloud on Title CMB (Certified Mortgage Banker) Co-Insurance Commitment Commitment Fee Co-Mortgager Comparables Compliance Report Conditional Commitment Conditional Commitment Requirements Conditional Sales Contract Condominium Condominium Declaration Consideration Co-Signer Contagious Contract of Sale Conventional Loan Convey Conveyance Cooperative Corporation Correlation Correspondent Cost Approach to Value Coupon Rate Credit Rating Credit Report CRA (Certified Review Appraiser) Custodial Accounts

Your spouse is allowed to satisfy the occupancy requirement if you're on active duty.

• MAXIMUM OCCUPANCY: Room occupancy requirements are based on fire code / fire safety restOCCUPANCY: Room occupancy requirements are based on fire code / fire safety restoccupancy requirements are based on fire code / fire safety restrictions.

Manufactured or Ready to Move (RTM) *: Transportable, single or multiple - section, one - storey dwellings ready for occupancy on completion of set - up by the manufacturer's instructions and meeting all the requirements of the governing laws and housing codes.

Leases / Occupancy We require that the leases listed on the exhibit to the loan commitment and any other tenant leases necessary to meet the lease - up requirements of the loan commitment be in full force and effect.

It explores topics like: Owner occupancy requirements, limits on commercial space in condos, investor ownership limits, and condo hotel rules.

That's why last November, Federal Housing Administration Principal Deputy Assistant Secretary Ed Golding announced changes to condo rules that would address a lengthy and complex recertification process, owner - occupancy requirements, and limits on the types of property insurance that FHA considers acceptable coverage.

When President Obama signed NAR - backed FHA condo financing legislation into law this summer, much of the focus in the news was on lower owner - occupancy requirements and other changes that would make it easier for borrowers to use federally insured loans for condo purchases.

Despite the occupancy requirement for owner - builders, the HPA does allow an owner - builder to apply to the HPO on the basis of undue hardship for permission to sell during construction or earlier than 12 months after occupancy.

Due to changes in services at facilities and their reimbursements, we are seeing more pushback on occupancy requirements, which makes sense when skilled nursing facilities are getting heavier into short term rehabilitation and outpatient rehabilitation.