Servicing Guide

Published September 9, 2020

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What are the defined reimbursement limits for winterization?

The defined expense reimbursement limits for winterization are as follows:

  • Dry Winterization = $100 for the first unit for the life of the mortgage loan
  • Wet/Steam Winterization = $150 for the first unit for the life of the mortgage loan
  • Radiant Winterization = $250 for the first unit for the life of the mortgage loan
  • Additional unit of any type of winterization = $50 each for the life of the mortgage loan
  • Re-Winterize = $50 each /calendar year

Also see the Property Preservation Matrix and Reference Guide for additional information concerning preservation work.

For more information please see Servicing Guide F-1-05, Expense Reimbursement.

 

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