Foreclosure in Dayton View Triangle : Real Estate Advice

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Teresa Luther, Real Estate Pro in Dayton, OH
Teresa Luther answered:
If I am purchasing a HUD home for cash and at due to a foreclosure will not qualify for a FHA mortgage for 3 yrs... can I still qualify for the 203k?
The 203k is a type of FHA mortgage where funds are included in the loan for rehabbing the property. If you cannot qualify for a FHA mortgage; you cannot qualify for the 203k.
0 votes Share Flag Tue Jul 31, 2012 Foreclosure in Dayton View Triangle
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