Sentences with phrase «require owner occupancy»

@Andrew Beaver Just to clarify for all here, the NACA program does require owner occupancy for the entire time you have the NACA loan, which is ensured with a $ 25,000 lien.

Although the program requires owner occupancy, an enterprising investor could use the 203 (k) to purchase a multi-unit property, live in it for a year during renovations, and then refinance to a conventional loan and move out.

FHA as you know requires owner occupancy.

Although the program requires owner occupancy, an enterprising investor could use the 203 (k) to purchase a multi-unit property, live in it for a year during renovations, and then refinance to a conventional loan and move out.

Not exact matches

A Brooklyn bodega owner opens his basement to the homeless so they can have a place to sleep at night, even though the shop is zoned for commercial use, and the basement does not have the required certificate of occupancy to permit people to live there.

Uwah, a former commissioner for Environment explained that the owners of the building were required to furnish the authority with the Certificate of Occupancy and other relevant papers concerning the building adding that other buildings in the capital city that did not meet the requirements of government were also marked.

The Rental Registry requires owners of dwelling with three or more units to register on - line with the Rockland Department of Health and to provide a certificate of occupancy and other information.

Loan Purpose: PurchaseRefinanceCashout Refinance Property Type: Single Family DetachedCondominiumMulti - Family Loan Type: 30 Year Fixed25 Year Fixed20 Year Fixed15 Year Fixed10 Year FixedAdjustable Occupancy: Owner OccupiedSecond HomeInvestment Credit Profile: 760 + Excellent755 - Excellent750 - Excellent745 - Excellent740 - Excellent735 - Very Good730 - Very Good725 - Very Good720 - Very Good715 - Good710 - Good705 - Good700 - Good695 - Good690 - Good685 - Good680 - Good675 - Fair670 - Fair665 - Fair660 - Fair655 - Fair650 - Fair645 - Poor640 - Poor635 - Poor630 - Poor625 - Poor620 - Poor Loan Amount: Estimated Value: First Name: * Last Name: * Email: * Primary Phone: * Secondary Phone: State: * AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVTVirginiaWashingtonWest VirginiaWisconsinWyoming Zip Code: * Notes: * = Required

The FHA currently requires a 50 % owner - occupancy rate in most apartment buildings before the agency will finance the purchase of a condo unit.

21 (1) The right under section 2 to equal treatment with respect to the occupancy of residential accommodation without discrimination is not infringed by discrimination where the residential accommodation is in a dwelling in which the owner or his or her family reside if the occupant or occupants of the residential accommodation are required to share a bathroom or kitchen facility with the owner or family of the owner.

Delivered weekly payroll documents and the required financial and occupancy reports to owners.

H.R. 3700 will: 1) reduce owner - occupancy ratio to 35 % unless HUD acts within 90 days of enactment of this law to otherwise lower the ratio; 2) allow lenders to approve condos with commercial space over 25 %; 3) require HUD Secretary to «substantially reduce» burdens on condo recertification; and 4) require FHA to mirror the FHFA rules related to private transfer fees.

OWNER OCCUPANCY Fannie Mae, Freddie Mac and FHA all require buyers to move into a financed property within 60 days of close of escrow to meet owner - occupancy requiremOWNER OCCUPANCY Fannie Mae, Freddie Mac and FHA all require buyers to move into a financed property within 60 days of close of escrow to meet owner - occupancy requOCCUPANCY Fannie Mae, Freddie Mac and FHA all require buyers to move into a financed property within 60 days of close of escrow to meet owner - occupancy requiremowner - occupancy requoccupancy requirements.

Owner - builders building under an Owner - Builder Authorization (after November 19, 2007) are required to provide an Owner - Builder Disclosure Notice, obtained from the HPO, to prospective purchasers within the first 10 years after occupancy.