MULTIPLE CONTRACTORS. Borrower may use more than one contractor, provided that all HomeStyle Renovation requirements related to the contractor apply to each contractor. • Contingency Reserve. Contingency reserve per HomeStyle Renovation requirements is mandatory for • all Mortgages with LTVs of 95% or more, and • all Mortgages secured by 2-4 unit properties, regardless of LTV.
Appears in 2 contracts
Sources: Master Agreement (HomeStreet, Inc.), Master Agreement (HomeStreet, Inc.)