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Updated almost 2 years ago on . Most recent reply

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Hannah Tucker
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FHAs and Construction Loans : How to?

Hannah Tucker
Posted

What if you want to buy through an FHA but the house needs massive repair work before the appraiser would sign off? Can someone buy through an FHA and also take out a construction loan to help qualify for the appraisal sign off? How would the timing work on that?

Signed,

A newbie 

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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
795
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Hamp Lee III
  • Real Estate Agent
  • San Antonio, TX
Replied

Welcome to BiggerPockets!

Check out the FHA 203k loan: https://www.rocketmortgage.com...

I wish you all the best.

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