tesla1743, Home Buyer in Lagrange, OH

My husband and I are interested in a purchase/renovation loan in Ohio. Not interested in a 203k. Can anyone help?

Asked by tesla1743, Lagrange, OH Mon Sep 24, 2012

This question is about this property: http://www.trulia.com/property/3088079440-429-N-Center-St-La…

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James Gordon ABR PBD SFR SRS’s answer
There used to be a conventional rehab loan. It required 20% down of the purchase price plus cost of repairs. The credit score to qualify was higher than the FHA 203(k) product but it was available to nonowner occupants. You may want to start to contact local lender to see if they offer it.
0 votes Thank Flag Link Tue Sep 25, 2012
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