Close on Home with No Kitchen, No Furnace

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Home » Forums » Consumers - Questions, Answers, Help » Real Estate » Close on Home with No Kitchen, No Furnace

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Post Statistics: 561 Views, 2 Replies
Latest Post: Wed, Oct 28 2009 12:41 PM by Kent Mikkola #353976

Tue, Oct 27 2009 11:24 PM

Anonymous

Close on Home with No Kitchen, No Furnace

Is it possible to close on the purchase of a home that has no kitchen, no furnace and no hot water tank using a conventional loan?

In Reply to This Post

Wed, Oct 28 2009 10:07 AM

Melvinbee
(Melvin List)

I would check with some local brokers about the FHA 203K program.

P.S. I only lend in Florida

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In Reply to This Post

Wed, Oct 28 2009 12:41 PM

kmikkola1
(Kent Mikkola #353976)

You would need some sort of construction loan or other financing to complete the home by having those items installed. Once the home is complete, you could obtain conventional financing.

Kent Mikkola #353976

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Mortgage Consultant

M & M Mortgage, LLC #213677

kmikkola@themmmortgage.com

kmikkola@themmmortgage.com

(651) 558-9807

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