To make that determination, you would need to have a contractor rovide you with an estimate. If the repairs will be required to get the home to minimum property standards, then you might have to obtain a Renovation loan such as the FHA 203K Renovation mortgage.
Since this particualr home is listed as eligible for both HomePath and HomePath Renovation financing, the property should not be in need of a lot of repairs.
To get Pre-Qualified for HomePath financing, you can submit your request online at www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.