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Updated over 4 years ago, 03/05/2020

User Stats

50
Posts
1
Votes
Ivan Reyes
  • Real Estate Investor
  • San Juan, Puerto Rico
1
Votes |
50
Posts

HUD existing construction guideline.

Ivan Reyes
  • Real Estate Investor
  • San Juan, Puerto Rico
Posted

Anyone on the mortgage side run into a situation where you were able to close an FHA loan as existing construction one week after the one-year mark? I have a SFR in a rural area that doesn't have permitting requirements. I want to close this thing as existing construction but it's only like 5 days after the one-year mark.