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What are the restrictions on the percentage of non owner residents allowed in a multifamily condo bldg in order to obtain FNMA backed mortgages?
Some have described this target as one that moves. However, currently, the number is 50%: if more than 50% of the residents are not resident-owners, an FHA/ FNMA backed mortgage may not be available to you.
Best practices dictate that boards pass rental caps and keep the percentage of owner-occupied units as high as possible. Ninety percent is a good number that bankers like and insurance companies like as well.
What else can I help you with?
What is the percentage of black residents in Colorado?
About 4.5%.
What is the percentage of New Hampshire Residents that are smokers?
65.3
What percentage of valley residents have diabetes?
30 out of 50
Approximate percentage of Dubai residents who are foreigners are?
0,8
What percentage of UK residents have access to the web?
73.28%
What is the average mortgage for Massachusetts residents?
Massachusetts residents, on average, have very high mortgages in comparison to the rest of the United States. The average mortgage is around $220,000 making Massachusetts ranked as the sixth highest state in the nation.
Does Greece have the the lowest percentage of urban residents in the mediterranean?
No, Bosnia and Herzegovina does.
How do the residents of the annex react to the restrictions on their activities?
The residents of the annex feel frustrated and anxious about the restrictions on their activities, as they feel confined and limited in their freedom. They may also feel a sense of isolation and boredom due to the lack of social interactions and new experiences.
What companies offer mortgages for Spanish properties?
The majority of Spanish residents and non-residents alike are using Spanish banks to finance properties in Spain. With the Spanish economy and real estate market still in the doldrums, most Spanish banks are more than willing to lend to non-residents and offer a variety of attractive rates and plans to lure buyers. For more detailed information on Spanish mortgages, the websites Euroresidentes and Advartis offer a wealth of information on requirements and procedures for obtaining a non-resident loan from a Spanish bank.
What US state with highest percentage of residents born in other countries?
California
In 1890 what percentage of New York city residents were of foreign birth?
80
What state has the highest percentage of PhD's?
Massachusetts has the highest percentage of residents with a PhD, with approximately 2.37% of its population holding this advanced degree.
