Loans on Low Dollar homes...??

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?

  1. 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%?