http://www.homelogica.com/mortgage-loan.html
Can I include the expenses to repair the house into my mortgage loan?
We are planning on making an offer on a 100 year old house. But it needs a lot of repair work…plastering, wiring etc. How can I take the loan for that? Should I include it with the mortgage loan or should it be a separate loan?
there are rennovation loans out there but it might make more sense to do an equity line that you can draw on only when you need to pay the contractors, etc. it depends on how much cash you have to put down, etc. Get a good mortgage person and they’ll work it out with you.
Please help me! “Accident” Mortgage Loan Insurance?
