Ineligible Properties
Homium does not close and fund mortgages on
vacant land or land development properties;
Manufactured Housing;
Co-op's;
properties that are not readily accessible by roads that meet local standards;
agricultural properties, such as farms or ranches;
units in condo or co-op hotels (see Ineligible Projects, for additional information;
properties that are not secured by real estate such as, houseboats, boat slips, timeshares, and other forms of property that are not real estate (see Ineligible Projects, for additional information;
boarding houses;
bed and breakfast properties; or
properties that are not suitable for year-round occupancy regardless of location.
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