Eligible Property Types
Ineligible Property Types
• Single family Residence, PUD, approved condominium
• Agricultural with income producing property
• Purchase transactions – location eligibility as determined by USDA
• Mixed-use property
• Leaseholds with at least 15 years beyond loan maturity
• Co-op Properties
• Manufactured home from dealer and built within 12 months
• Properties subject to litigation
• Single-close construction mortgage
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