Trying to buy an older home needs some work. whats best loan type

You can still go FHA, ask the LO about FHA 203K rehab loans. There are two types and it depends on the cost of the repairs which will determine the best approach. But basically if all the upgrades are $35K or less than you can go the streamline route greater than the $35K the process become a bit more cumbersome. Just know the 203K program is slower to close and takes patience to get through the process. Good Luck!

We offer both FHA and Conventional Renovation Mortgages that could easily handle this issue for. I would happy to help. As a Texas based mortgage banker, my team has concierge service for this program. Give me a call at (972) 661-5136