Do you have a sensible solution for getting a house loan on a 1920 home that the banks refuse?

sweetpea asked:


I am already buying the home through a private individual carrying the contract.
The home was refused a regular loan because of its condition and age.
I owe 55,000 and the house is worth 250,000 because of land.
wells fargo denied me

Easy Profits
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This entry was posted in Renting & Real Estate and tagged , . Bookmark the permalink. Both comments and trackbacks are currently closed.

3 Comments

  1. lore
    Posted April 12, 2009 at 12:02 am | Permalink

    try wells fargo

  2. ineednostinkingid
    Posted April 12, 2009 at 12:28 pm | Permalink

    For believe its called 503k but cant recall otherwise try fixing it up and then refinance with conventional lender.
    For believe its called 503k but cant recall otherwise try fixing it up and then refinance with government guarantee that this house might qualify for.

  3. ali83
    Posted April 13, 2009 at 6:16 am | Permalink

    My email is alisosa83yahoocom.