Asked by Tina, Seattle, WA • Sat Jan 30, 2010
We are trying to purchase a near-complete property without certificate of occupancy. The estimated work to be done is a small amount that will take less than a week. We have cash to pay for the construction to complete the house. However, without CO, I understand that lenders doesn't give out conventional mortgage loans for these sales.
I am looking for an all-in-one (rollover or construction-to-permanent) loan in WA, that will convert to conventional 30 year fixed once CO is obtained with one closing cost.
Any recommendations? Thanks!
Does anyone have recommendation for loan programs in WA state
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