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Company Loan Type APR Est. Pmt.

Pay half with cash and mortgage the remainder

Posted on: 13th Mar, 2010 01:53 pm
I have property that I am going to put a modular home on it for my primary residence. The total cost for the work that needs to be done to the property and the cost of the modular is approximately $155,00. Can I pay half of that with cash and get an fha mortgage for the remainder.
If you are putting 50% down, then you would not need an FHA loan. You can go just about any bank willing to get involved with your modular construction.
Posted on: 13th Mar, 2010 03:07 pm
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