Newsgroup reader for mac3/11/2023 ![]() You will need like-for-like comparable sales to justify the new value, according to Lance Siegel, president of HVCC Appraisal Ordering Service. ![]() Fannie allows a mortgage for up to 95% of the estimated completed value on loan amounts of $548,251 to $822,375 in Los Angeles and Orange counties. For example, Fannie Mae’s Homestyle allows a mortgage for up to 97% of the projected appraised value so long as the loan does not exceed $548,250. Things might get tricky when it comes to income and property qualifying for this grant. State grants helping low-income homeowners build granny flats – Orange County Register
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