Property Q&A in Madisonville>Question Details

marieaungst, Home Buyer in Madisonville, KY

Would this home fall under a regular loan, not a business loan. Also when you say it has 3 bedrooms, is that including the apartments as well.

Asked by marieaungst, Madisonville, KY Thu Nov 15, 2012

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1
Marie,
If you intend to live in the home, you can get a typical fixed-rate, 15-year or 30-year loan to purchase this property. It has 4 units, which is the maximum number for a residential loan. But, you have to occupy one of the units.
God luck,
John
0 votes Thank Flag Link Thu Nov 15, 2012
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