Features and Benefits
- Below market interest rate—more customer qualify
- Lower mortgage insurance premium - reduces monthly payment.
- Fast turnaround time—you won't wait days for approval
- Provides interim rehabilitation financing —no need to obtain
other construction financing
- Only one loan closing—saves your customer money
- Job Loss Protection pays the mortgage payment in the event of involuntary unemployment
How to Use Major Rehabilitation
Getting started with Major
Rehabilitation.
Frequently Asked Questions
Major Rehabilitation
Top 4
Eligibility
Credit
Process
Property
Other
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Eligibility
- Borrower Eligibility
- Describes the eligibility requirements for a Major Rehabilitation loan.
Guidelines
- Home Origination Manual
- Contains everything from procedures to underwriting guidelines.
- Home Forms
- Available in .pdf and .exe format.
- Bulletins/Home News
- Keep up to date with what's happening with Home and Major Rehabilitation.
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