PIW on HomeReady Loan Purchase

Updated: 01/25/2018
Article #: 25



Hello Chris Hauber,

 

I confirmed with Kaye that as long as you run DU as Homeready & receive a PIW finding it will be acceptable; however, Chase will not allow for a PIW on purchase so could not go to Chase.

 

Original question:

HomeReady does not have any restrictions on PIW's as long as DU says we can waive Appraisal, correct?

 

 








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