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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceIs there such a thing as a non-FHA rehab loan?
Corey Demuth's profile image
Corey Demuth's profile image
Corey Demuth
  • Real Estate Agent
  • from Tampa, FL
  • Member since Mar 20, 2009
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Corey Demuth's profile image
Corey Demuth's profile image
Corey Demuth
  • Real Estate Agent
  • from Tampa, FL
  • Member since Mar 20, 2009
Connect
Corey Demuth
  • Real Estate Agent
  • Tampa, FL
123
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456
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Private Lending & Conventional Mortgage Advice

Is there such a thing as a non-FHA rehab loan?

Corey Demuth
  • Real Estate Agent
  • Tampa, FL
Posted Oct 7 2014, 13:43

Is it possible to obtain a mortgage that includes funds to renovate a property, other than via the FHA 203k program? For example, could you go to Chase or some other typical bank and obtain a loan for say 175k to buy a property for 120k and put 55k worth of work into it? A low down payment is not needed and credit is decent.

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