VA is usually the most stringent on the condition of a home. If it’s in too terrible of repair, they may not lend on it and an FHA 203K or Streamline 203K Buy.
Original post:
Can We Buy A Fixer Upper House With A Va Loan? | FHA Mortgage Blog
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Tags: condition, FHA, FHA 203k, most-stringent, not-lend, streamline, the-condition, too-bad, usually-the-most
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Mortgage Consultant. Searchlight Crusade says: March 15, 2010 at 1:44 am. Going to be difficult. Your wife's score is right on the line as far as 100% financing goes, *if* you can prove you make enough money to justify the loan. ... First of all, buy a fixer upper?..That is hard in and of itself, because there are many fixers, but they are all too overpriced! So you have be patient and find the right one for the right price?.Know your market, for example, ...