can I buy a lot/land with FHA loan?

Asked by Socal47, Quail Creek, Laredo, TX Mon Jun 25, 2012

Help the community by answering this question:

+ web reference
Web reference:

Answers

3
Wilimagima, Home Buyer, Fort Worth, TX
Fri May 22, 2015
FHA no longer provides mortgage insurance for new construction and land loans.If it's minor repairs you many want to consider 203k loan.

Web Reference: http://fhamortgageinfo.com/land-loan/
1 vote
Connie Bramb…, Agent, Rancho Cucamonga, CA
Tue Jun 26, 2012
Not on FHA, but if you are a veteran there are some programs to buy the lot and build.
Connie Bramble
Prudential CA REalty
714-337-8718
0 votes
Robert MacLe…, Agent, Huntington Beach, CA
Mon Jun 25, 2012
Not on a lot only. Here is the list of the types of loans that FHA will insure and their loan limits.

http://portal.hud.gov/hudportal/HUD?src=/program_offices/hou…
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more