FHA after purchasing at an auction in MA

FHA after purchasing at an auction in MA

Member since 2022 · 4 posts · 5 votes

Are you able to get an FHA Loan after you purchased a property at an auction in MA?

Thanks kindly. 

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  • Real Estate Agent · Bellevue · Member since 2019 · 80 posts · 71 votes
    2y

    Hi Sindy,

    You're probably going to have to close the auction purchase with cash, or hard money at which point you could probably refinance into an FHA loan if the house passes inspections etc.

  • Wyatt WolffPro Member
    Lender · Charlotte, NC · Member since 2019 · 466 posts · 278 votes
    2y

    I'm not certain about the question. Are you saying that you already own the property, and you would like to refi into an FHA loan?

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