![]() |
||||||||||
Reduced Overlays for Conventional Flip Transactions
|
Resale Percentage Increase |
Additional Valuation Documentation |
20 > 30% |
Desk Review |
30 > 50% |
Field Review |
50% or more |
Second Appraisal* |
*A second appraisal must support the value of the original appraisal within 5%. |
In addition, below is a quick reference of Property Flip requirements and is not intended as a complete itemization:
CLICK HERE to see the complete Property Flip requirements and restrictions. If you have any questions, please feel free to contact your Account Executive at (855) ITS-QUICK or (855) 487-7842. Sincerely, Sun West Mortgage Company, Inc.
18303 Gridley Road
Cerritos, CA, 90703
Phone: (800) 453-7884