For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
Land Value. House on property been partly destroyed by fire. Could possibly be restored with extensive investment, possibility of higher density with restoration of existing house. South facing lot, possibly land assembly & good upside development potential with future development of next door properties.
