Mortgages Home Loans - bankruptcy modification » Remodel http://mortgages-home-loan.com answers to your mortgage loan questions Tue, 22 May 2012 10:54:31 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 How does the loan process work for a home that is half-way through a remodel and down to studs? http://mortgages-home-loan.com/renting-real-estate/how-does-the-loan-process-work-for-a-home-that-is-half-way-through-a-remodel-and-down-to-studs/ http://mortgages-home-loan.com/renting-real-estate/how-does-the-loan-process-work-for-a-home-that-is-half-way-through-a-remodel-and-down-to-studs/#comments Tue, 31 Mar 2009 23:39:52 +0000 admin http://mortgages-home-loan.com/renting-real-estate/how-does-the-loan-process-work-for-a-home-that-is-half-way-through-a-remodel-and-down-to-studs/
AC asked:


My husband and I are looking for our first home and have fallen in love with a house that is down to the studs in some areas in the middle of a remodel. The home has no structural issues – it is all cosmetic – but does need all new applicances (has none), new walls (70s style paneling in living room), new flooring (has concrete now) etc. Would we need to get a construction loan even though it is structurally okay? How would the mortgage process work for this?

RODGER
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