And Property is claimed as a homestead. Credit is satisfactory. Property taxes are current. Title is clear of judgements, etc. Application Process Application is submitted.
Information is verified and eligibility is determined by the staff.
The Loan Officer may work with the owner to clear title obstacles and irregularities. Estimator reviews the condition of the house and prepares a description of work. Contractors submit bids on the repairs. The homeowner selects the contractor who will repair the house. The loan is closed.