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re: Question About Financing a House

Posted on 8/29/15 at 7:42 am to
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49172 posts
Posted on 8/29/15 at 7:42 am to
Not sure if I follow.

You would get a mortgage on the house for 250k from a lender. Then you would get a separate loan for 100k for renovations?
Posted by OleWarSkuleAlum
Huntsville, AL
Member since Dec 2013
10293 posts
Posted on 8/29/15 at 7:56 am to
quote:

You would get a mortgage on the house for 250k from a lender. Then you would get a separate loan for 100k for renovations?


That's what I'm asking how exactly does it work.
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