HELP! | Improvements To Property: |
This
section is for "Refinance - Cash-Out" loans and only applies to improvements
on the property.
Skip the items below if this is a Rate and Term Refinance (exchanging one
loan for another on the same property to lower your rate), or if your refinance
- cash-out loan is to be used for bill consolidation.
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Describe
Improvements Made: |
Check this box if you have already made improvements to your property and are applying for a refinance loan to reimburse yourself for these improvements. | |
To
be made:
|
Check
this box if you are applying for a refinance loan to make improvements
not yet made to your property.
|
|
Cost
of
Improvements: |
Enter
the total amount of money you have spent or intend to spend on improvements
to your property (such as the cost of new cabinets, new garage, or new
roof, etc.).
|
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Description
of
Improvements: |
In
your own words, briefly describe the type of improvements you have made
or intend to make with the cash-out portion of your loan.
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