Asked by Chris Waldron, Lincoln, RI • Fri Oct 24, 2008
I'm looking to get a 203K streamline which will be used mostly for appliances. My question is how does the payment work for the payment for appliances? I know that the bank will provide 50% towards supplies but how do you get the funds to buy appliances. It's one thing to have a contractor to wait for payments for labor but they will not pay out for appliances. Also I don't have a credit card that has a limit to pay for all the appliances. Anyone been through this, how does it work?
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