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Pay half with cash and mortgage the remainder

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Guest	Posted: Sat Mar 13, 2010 2:53 pm    Post subject: Pay half with cash and mortgage the remainder Like 0 Dislike 0 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 $155,00. Can I pay half of that with cash and get an fha mortgage for the remainder.
eric1 Community Expert Joined: 04 Jan 2009 Posts: 1511 226.93 Dollars($)	Posted: Sat Mar 13, 2010 4:07 pm    Post subject: Like 0 Dislike 0 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. _________________ Eric JFree Rate Quote, Stated Income Loans FHA RATE QUOTE Mortgage Rate Quote

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