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can you use a loan froma mortgage company to renovate a house?

Liz A asked:


If I want to purchase a house that needs major renovations, can I get a loan for the purchase price plus the amount needed to renovate/rebuild the house?

Lewis

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This entry was posted on Thursday, July 9th, 2009 at 9:48 am and is filed under Mortgage Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “can you use a loan froma mortgage company to renovate a house?”

  1. Camaro Guy Says:
    July 9th, 2009 at 2:37 pm

    Tyler

    yes. there is a type of fha loan that allows you to do that.

  2. ron d Says:
    July 9th, 2009 at 11:52 pm

    Melinda

    FHA 203K
    and
    Conv. rehab loans.

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