Real estate blog entries tagged with modern modular prefab by Anne Lok (Homelife Realty One Ltd.)

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Home : Blogs : Anne Lok : Urburbia Toronto by Anne Lok : Tag "modern modular prefab"

modern modular prefab: Toronto Modular Home Financing - 12/07/11 09:54 AM

Here are some typical questions/scenarios and repsonse by Toronto Mortgage Professionals Valerie and Robert Bizzoni on Modular Home financing. If you would like to chat about your next home building project, feel free to get in touch.
1. Buyer purchases infill lot [with house sitting on it, but will be demolished to set new foundation and new home.] ie. modular unit will be on owned land - no leased lots.
· If the unit is placed on a full foundation, does standard underwriting apply and the mortgage would be eligible for discounted rates?
Yes, standard underwriting would apply and the client would be eligible for discounted rates, subject … (0 comments)

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Anne Lok

Toronto, ON

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Homelife Realty One Ltd.

Address: 501 Parliament Street, Toronto, ON, M4X 1P3

Office Phone: (416) 922-5533

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