We are wanting to get an owner occupied 2nd home in a Small community in Texas. The home needs only paint and new kitchen appliances. $35K. But, who loans on homes of this price? I prefer to finance rather than do an equity cash out of our existing home because we will eventually relocate to the area. Any suggestions?
- Have you thought of maybe owner mortage on this ??
Bank of america does loan pretty low. You could also find a competent mortgage broker they should be able to help you.
Countrywide will also do loans of that size. Are you looking for 100%?