Eligible Property Types
- Single Family 1-4 Unit Owner Occupied
- Single Family 1 Unit Investment Properties*
- Second Homes*
- Manufactured Homes* (Built after June 15, 1976, per HUD Code)
- Modular Homes
- Log Homes*
- Completing Unfinished New Construction* (Must be considered mostly complete
- Condominiums*
- Move-In Ready or Fixer-Uppers
- Gutted or Mid Renovated Properties that are incomplete*
- Bank REO Properties
- HUD REO Properties
- Fannie/Freddie REO Properties
- Short Sale Properties
- For Sale By Owner (FSBO)
- Additions must be attached to an existing dwelling
- Detached and Attached Garages allowed.
- Moving a Home from one site to another location on an existing foundation
- Razing* (Tearing a Property down to the existing foundation and building it back up new)
Note: *Asterisk denotes that there may be some variance amongst lenders or specific guidelines for the specific property type to qualify. It’s important to verify specifics/details with your lender up front.
