This program is to be used to renovate an existing property, not build a new construction home. The home must have been completed at least one year before the case number assignment date for the new 203k loan to qualify. Eligibility will be determined by examining the borrowers’ income, assets, liabilities, and credit history and score, as well as the market value and condition of the property to be financed.
LCD Mortgage, Division of American Financial Network, Inc. NMLS# 237341
195 Route 46 West, Suite 7, Totowa, NJ 07512
Phone: (973) 435-2800 Fax: (973) 870-0089
Copyright© 2020 LCD Commercial-All Rights Reserved