Residential 1-4 Family

Questions about rental property financing answered 

Long Term rental financing PrograM faq

Fix and Flip / Short Term Renovation Program FAQ

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Renovation Lending Questions

Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.

For SFR = 700 sq. ft. 2-4 family 500 sq. ft.per unit in the minimum.

30 Year - 1-4 Family

Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.

For SFR = 700 sq. ft. 2-4 family 500 sq. ft.per unit in the minimum.

Property

Yes – we require an appraisal on all lending programs. Renovation and construction financing require a “subject to” appraisal. Long term purchase and refinance require “as is” valuations and a rent comparable analysis to determine fair market rent.

 

 

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