Financing in Scotia>Question Details

brettromano, Home Buyer in Scotia, NY

Can you finance more than the asking price with FHA ? House needs cosmetic upgrades.

Asked by brettromano, Scotia, NY Tue Aug 21, 2012

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Hello Brettromano,
I would recommend talking to the banks, Credit Unions and other financials institutions you already do business with.... There is nothing better than doing business with the companies and people you feel comfortable with.
Lot's of options and they may be able suggest other ways to get the financing you are looking for...
Hope this helps...
0 votes Thank Flag Link Mon May 27, 2013
If you get in touch with Wells Fargo, they do renovation loans (not 203k).

Renovation loans attach to the mortgage loans and have much higher allowences for each repair.
0 votes Thank Flag Link Tue Aug 21, 2012
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