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What are minimum right-of-way requirements for obtaining home mortgage loans?

April 26, 2017home mortgage Loans minimum requirements right-of-way

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What are minimum right-of-way requirements for obtaining home mortgage loans?

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Lending institutions require road maintenance agreements before approving loans for property on private streets. Veteran’s Administration (VA) loans require direct access to public streets. There is no general rule, however, regarding minimum right-of-way.