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Property and Loan Information

This document shows you the Property and Loan Information screen and explains how to enter some of the data. 

Here are the drop-down list options for the following fields:

Field Name

Options

Construction Loan Type (when Construction-to-Permanent is selected)
  • Single-Closing
  • Two-Closing

Attachment Type
  • Attached
  • Detached

Project Type
  • Condominium
  • Cooperative

Project Design Type (sub-category of Project Type field when Condominium is selected)
  • Highrise

 

Notes: If an amount is provided in either the Energy improvements included in transaction field or the Payoff Amount of any PACE loan field, the loan will be underwritten as HomeStyle Energy transaction.

Refer to theHomeStyle Renovation and HomeStyle Energy job aid, for detailed instructions for entering HomeStyle Renovation mortgages and HomeStyle Energy mortgages.