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Updated over 10 years ago,
Is there such a thing as a non-FHA rehab loan?
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.