Examples of Refinance mortgage in a sentence
Refinance mortgage LTVs are calculated using only appraisals because there is no bilaterally negotiated purchase price.
On the terms and subject to the conditions set forth in this Agreement, GECC shall constitute an Eligible Entity under the Rule.
These include: Transfer of ownership to nonprofit developers and housing organizations Providing rental assistance to renters through other funding sources Purchase affordability covenants Refinance mortgage revenue bonds Alternatively, units that are converted to market rate may be replaced with new assisted multi-family units with specified affordability timeframes.
MIP Requirements Refinance mortgage insurance premium (MIP) requirements are the same as for purchase transactions.
The high percentage of lending to borrowers for which income was not available is reflective of the relatively large amount of the HUD-approved FHA Streamline Refinance mortgage loans closed by the lender which do not require verification of the borrower’s income.