Fannie Mae HomeStyle Renovation Loan Draw Information

by admin | Jun 15, 2016 | Renovation Loans | 0 comments

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)

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