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Detailed Notes on 232 loan

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Building CONTINGENCY. HUD requires a building contingency For brand spanking new building and substantial rehabilitation applications to provide funding for suitable adjust orders and cost overruns not included within just the original HUD-authorised design loan finances. On new building purposes, the necessary design contingency equals 2% of your loan volume https://79cashcom97408.ampedpages.com/how-232-loan-can-save-you-time-stress-and-money-65814408

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