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Other Property Information

There are two property types you should know about: Traditional and Non-Traditional.

Traditional Property Types
You can finance the following property types using our standard mortgage products:

·        Single Family Residences

·        Multi-Family With Units Of 4 Or Less.

·        Condominiums

·        Planned Unit Developments (PUD)

*Non-Traditional Property Types
Additionally, we may allow the financing of other non-standard property types including:

·        Cabins

·        Raw Land

·        Mixed Business/Residential Property

Occupancy Types
We can also finance the property with the following occupancy types:

·        Owner Occupied

·        Second/Vacation Home

·        Investment Property (non-owner occupied residential)

States
We currently finance mortgages in all states excluding the following:

  • Alaska
  • Hawaii
  • New York
  • California
  • Texas (No second mortgages or cash out refinances)

 

 *For Non-Traditional properties, please contact Hiway's Real Estate Department.

 







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