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- 1-5 draws allowed
- No advances allowed; no materials draws allowed
- Proof of permits required
- Requests for use of contingency funds may be allowed with lender approval
- Work must be completed within 6 months of closing (loan amounts over $75,000 up to 9 months)
Tel: (281) 300-5260
Email: answers@joelovrek.com
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Fannie Mae HomeStyle Renovation Loan Draw Information
The Mortgage Broker - Where mortgages are only the beginning
Address
1110 N Loop 336 W, Ste 400, Conroe, TX 77301
(281) 300-5260
answers@joelovrek.comMLO License Info
Mortgage Corporation | NMLS# 152577
Ron Beckert NMLS# 12345; VA Mortgage Loan Originator License #MLO-12345AB;
Mortgage Loan Originator License #ML123456.
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