We have found a home, never been lived in, recently finished and is a foreclosure. The Bank/realtor says no FHA or VA loans. Why no FHA loans? Is there a way around it and still get an FHA loan?
House is complete and been on market since Sept 08
Have done walkthrough, home is new, everything that I see is completed.
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The bank doe snot have to take FHA if they do not want to.
most likely the house is not 100% complete, so FHA will not accept it.