Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related Xxxxxx Xxx requirements. Both existing structures and new construction are eligible, but cooperatives are ineligible.
Appears in 2 contracts
Samples: Master Agreement (Crescent Banking Co), Master Agreement (Crescent Banking Co)
Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related Xxxxxx Xxx requirements. Both existing structures and new construction are eligible, but cooperatives coops are ineligible.
Appears in 2 contracts
Samples: Master Agreement (Crescent Banking Co), Master Agreement (Crescent Banking Co)
Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) and cooperatives that conform with any related Xxxxxx Xxx Mae requirements. With respect to units in cooperatives, Lender must have received specific authority to deliver mortgages on cooperatives to Xxxxxx Xxx. Both existing structures and new construction are eligible, but cooperatives are ineligible.
Appears in 1 contract
Eligible Properties. Eligible properties are owner-occupied, principal residences that consist of one unit, including manufactured housing and units in condominiums and planned unit developments (“PUDs”) that conform with any related Xxxxxx Xxx Mae requirements. Both existing structures and new construction are eligible, but cooperatives are ineligible.
Appears in 1 contract
