FHA 203K Rehabilitation
Maximum Loan to Value. Property Type Purchase Rate and Term Refinance Max LTV Max CLTV Max . LTV Max . CLTV 1-4 Unit Primary 96.50% 96.50% 97.75% 97.75% Maximum Mortgage Calculation – The value is defined as the lesser of: The as-is value of the property before rehabilitation plus the cost of rehabilitation; OR. 110% of the expected market value of the property upon completion of the work ... ................
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