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Updated over 4 years ago, 04/19/2020

User Stats

10
Posts
1
Votes
Jonathan Marrow
  • Richmond, VA
1
Votes |
10
Posts

From a 203k conventional loan to a conventional loan

Jonathan Marrow
  • Richmond, VA
Posted

I started the process for a 203 k conventional loan for a residential primary residence and estimated the rehab wrong. The rehab cost are more than I estimated which made the closing cost higher. In order for me to complete the deal, am I able to go back to a regular conventional loan to afford the down payment and closing cost? Thank you to those who reply to this question.

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