for FHA , you have to have a stove and a heat source ..and if your credit is good, I can do personal or business lines of credit email at yourloanpartnerforlife@live.com your contact info linda
You might need a renovation loan, FHA 203k or conventional HomeStyle
I emailed you yesterday how possiblly your home purchase might work lina
All your standard loans (FHA, Fannie Mae, Freddie Mac, VA, USDA) REQUIRE a real heat source, and must be considered a year-round home. You may be able to find a loan with your small community bank or credit union.
It would have to have a heat source permanently affixed to the home. but central heating is not a requirement.
Yes.. a heat source is a must.. you can purchase using FHA's 203K and add heat and include the cost into the mortgage.. and if you have a high credit score, you can use conventional financing, the HomeStyle renovation loan and get a much better overall loan.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
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