An applicant must submit documentation from:
A mortgage lender indicating that permanent mortgage money is available to qualified purchasers to buy such properties;
A real estate broker indicating that a market exists for the proposed building and that it will be compatible with its neighborhood; and
An architect, appraiser or engineer agreeing to make inspections and certifications to support interim disbursements.
The Borrower may substitute a letter from a qualified Lender for one or more of the letters.
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