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FHA loan for improvement

Date: Mon, 11/29/2010 - 02:45

Submitted by anonymous
on Mon, 11/29/2010 - 02:45

Posts: 202330 Credits: [Donate]

Total Replies: 1


Hi! My uncle wants to sell his house to me. He has a mortgage loan of about $75,000. The market value of the home is around $150,000. Will I be able to qualify for a FHA loan of around $100,000 for renovating the house?