Examples of Financed Properties in a sentence
Tax-Exempt Financed Properties: All tax-exempt financed properties will be subject to the same fee structure as indicated above, depending upon for-profit or non-profit sponsorship.
Plaza’s Underwriter must complete the Multiple Financed Properties Checklist for borrowers with multiple financed properties.
It includes all provisions required by the PHFA Property Operations Manual for Agency Financed Properties and does not include prohibited clauses .
A certification of the owner occupancy is to be made by the borrower(s) on the Borrower Affidavit.• Leasing Financed Properties: While federal law prohibits Virginia Housing from financing properties which will not be used as a primary residence, it is reasonable that a borrower's life circumstances may later change (i.e. a borrower who is relocated due to employment changes).
Occupancy First-Time Homebuyer Reserves and Multiple Financed Properties: All financed properties, other than the subject property, require an additional 6 months PITIA reserves for each property.
The signature page shall be submitted electronically as a .pdf file.
This does not include attendance at meetings (including travel) to become competent in managing Federally Financed Properties or for conducting on-site training.
A certification of the owner occupancy is to be made by the borrower(s) on the Borrower Affidavit (Exhibit E).• Leasing Financed Properties: Borrower’s will not be eligible to receive the Mortgage Credit if they are no longer occupying the property as their primary residence.
Attendance at meetings (including travel) to become competent in managing Federally Financed Properties or for conducting on-site training.
See Reserves Requirement.• Investment Property with multiple financed properties:o Loan must be 7/6 or 10/6 ARMo 5/6 ARM not eligible if there is > 1 financed investment propertyPlaza’s Underwriter must complete the Multiple Financed Properties Checklist for borrowers with multiple financed properties.