Property Q&A in Catonsville>Question Details

John Evans, Home Buyer in Windsor Mill, MD

What kind of loan would I have to apply for in order to get this home?

Asked by John Evans, Windsor Mill, MD Fri Mar 13, 2009

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According to the Trulia listing,this house is not in liveable condition (no kitchen or bathrooms) so would not qualify for conventional or VA. What you would need here is a 203K loan which combines a construction loan with the mortgage, Not all lenders offer this,so you would need to do some research to find one in your area that does. We did a lot of those here after Katrina.
1 vote Thank Flag Link Fri Mar 13, 2009
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