By: REBAC Staff Posted: 10/14/2019Your home is your castle, where you and your loved ones feel safe. However, despite your best efforts, you may be unintentionally inviting toxins
Obtaining A Streamline Loan
A buyer using this loan CANNOT DUE THE WORK THEMSELVES, EVEN IF HE OR SHE IS A LICENSED CONTRACTOR.
How the loan works simplified:
Buyer finds the home-gets estimates for repairs from contractors of choice (provided they have a license and proper insurance)-appraisal is ordered and provided the "repaired" appraisal has the correct value and bank approves, the sale can be approved and closed. Most all other qualifications still apply in order to be approved...i.e...credit history, credit score, income, down payment etc....
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First Time Home Buyer? Download a copy of my NJ HOME BUYERS GUIDE free from my Facebook page http://facebook.com/barnegatnjhomes or my website Barnegatnjhomes
I grew up in Broward County, Florida close to Ft. Lauderdale Beach. Toward the end of my senior year of High School my family moved to Barnegat, New Jersey where I met my wife Maryellen. We have 5 kid....
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