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What does a house need to have to get a mortgage.

Posted on: 17th Jan, 2011 01:24 pm
What does a house need to have to qualify for a mortgage on the house, lately most houses we looked at have their ac and water systems taken away (Stolen?). Can we get a mortgage on a house without these two things or what are the rules?
I hear so many different things, I am confused. Robert
Hi leni!

Welcome to forums!

Before you take out a mortgage on the property, it will be appraised by the lender. If the lender is satisfied by the appraisal report, then you will be able to get a mortgage on that property.

Feel free to ask if you've further queries.

Sussane
Posted on: 17th Jan, 2011 07:50 pm
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