Rehab Mortgage Programs This government-insured loan allows you to buy a home that’s in need of major repairs and/or renovations. The repairs can be structural and/or cosmetic in nature. An important benefit is you can buy a home and complete the repairs using just this loan. This loan offers fixed rates with only a 3.5% down payment required.
There are mortgages available for people with a bad credit rating if you know where to look. Perhaps you’ve missed a few credit card payments, had a County Court Judgment awarded against you or have.
Guaranteed Sign Up House Financing Loan 12 Reasons Why That House Might Not Qualify for FHA Financing – · In contract to buy a house with an FHA loan. During inspection, water leaked from upstairs bathtub through downstairs bathroom ceiling. Old water stain visible in.