new construction

FHA – Construction to Permanent and Building on Own Land Programs, Mortgagee Letter 2019-08, May 16, 2019 – Effective by June 17, 2019 or Immediately – NEW MTP™ – Interested In Building Your Own Home on Your Own Lot?

Written by: Tracey Rumsey, Staff Writer FHA is providing a great update to their new construction rules. Take a look at this article and the social media posts to boost your business in this niche. Rule Synopsis: The guidance in this Mortgagee Letter may be implemented immediately, but must be implemented for loans with case [...]

2019-06-07T10:44:16-05:00June 10th, 2019|

VA New Construction Purchase – NEW Chart – VA Construction Documentation Chart

Written By: Tracey Rumsey, Staff Writer VA construction requirements and the documentation needed can get a little confusing.  Read through this article to find out why we added a new chart to assist you. Interpretive Comments: Do your eyes cross when you try to read the construction section of Chapter 10 in the VA Lender’s [...]

2018-12-10T08:32:04-05:00December 10th, 2018|