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

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Latest post Wed, Oct 28 2009 12:41 PM by Kent Mikkola. 2 replies. Viewed 220 times.
Page 1 of 1 (3 items)

  • Tue, Oct 27 2009 11:24 PM                

    • Anonymous

    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?

  • Wed, Oct 28 2009 10:07 AM                 In reply to

    |Contact

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

     

    P.S.  I only lend in Florida

    PREMIUM MEMBER
     Mortgage Planner with Homexpress Lending in St. Petersburg, Florida. Please call me with any questions at 813-414-0308. Florida loans only.
    Filed under: , ,

  • Wed, Oct 28 2009 12:41 PM                 In reply to

    |Contact

    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.

    PREMIUM MEMBER
     Going the extra mile is my normal route, even with today's gas prices.
    Kent Mikkola, Mortgage Consultant, M & M Mortgage, LLC, 1700 W Hwy 36, Ste 130, Roseville, MN 55113, Direct 651-558-9807, kmikkola@themmmortgage.com
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