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Updated almost 9 years ago on . Most recent reply
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Can you get a conventional loan on a house with no floor covering
Can you get a conventional loan on a house with no floor coverings? We found a fix-n-rent house, but it has no floor coverings (just plywood). The current guy seems to have run out of money. Can you get a conventional loan on a house with no floor coverings or do I need to be prepared to go another route? Quicken Loans said if the contract has "Escrow for repairs", it will kill the loan. Local bank said they *might* consider escrowing funds from me or the seller for the repairs, before they close the loan.
What do you guys normally do?
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