Sep 6, 2018
LTV: Loan-to-Value Ratio in Relation to HUD 232 Loans
Loan-to-value ratio, or LTV, is one of the most important financial metrics that lenders look at when deciding to approve a borrower for a loan. LTVs for HUD 232 and HUD 232/223(f) loans typically vary between 75% and 85%, depending on the specific property type and borrower.
Jul 27, 2018
What are the Replacement Reserve Requirements for HUD 232 Loans?
Both HUD 232 loans for new construction and substantial rehabilitation and HUD 232/223f loans for purchase and refinancing require borrowers to have a certain replacement reserves; money which can fund the repair and replacement of outdated or broken building systems without putting a financial st