Home Fix Conventional Loan

document2010-11-09-112650.pdf
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Interesting Loan Product from Tyler Oden at Suntrust!

A conventional product that will allow for you sellers and buyers to
move  those properties that need just a little or a lot of TLC.

Escrow hold back option with no rate add on or excessive fees.   $100 
more in closing costs for the final inspection. -We allow the escrow funds to go directly to the licensed contractor
with a W-9 (or the borrower can be reimbursed if they pay out of
pocket)

-90% loan to value, appraisals are subject to completion of the improvements. -No sourcing of the contingency funds of 50% of the repair costs (to
be refunded to borrower after final inspection)

-$20,000 limit can be waived on a case by case basis -90% loan to value

Barry Bevis, Broker/Realtor
C-850-491-3600 
F-877-870-9066 
www.BevisRealty.com

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