Ongoing renovations/construction

Rejection reason:

Ongoing renovations/construction

What does this mean?

  • You disclosed that there are large renovations in progress on the property that may hinder accurate appraisal value (such as a completely gutted kitchen, no working bathrooms, holes in the foundation or roof, etc.)

How can I become re-eligible?

  • Subject to review, this eligibility may be met once the renovations and construction on the subject property are complete. Please note that completing renovations and construction does not guarantee approval, and your application will still be subject to a full underwriting review.