Saturday, December 1, 2012

Construction loan - Zillow Mortgage Advice

We own property near Indian Lake that we wish to put a?new MHE modular ranch home on. There is no mortgage on the property, and the new home will be around $100, 000 with foundation. We will have around $50,000 down and want to finance the balance with fixed 30 yr mortgage. Fico score about 640. Can we do an FHA construction loan?

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6 hours ago - Russells Point

Source: http://www.zillow.com/advice-thread/Construction-loan/470022/

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