Can I get a conventional mortgage and pay cash for the renovations instead of a 203k loan?This home (in Massachusetts) would be my primary residence, home price is $75,000, I have 20% to put down and will have the +-$15,000 to make the home liveable. This would include tying into city sewer and crushing the failed septic system. Will I qualify for a conventional loan If I could show the bank that I had the cash to do the renovations? I'd rather pay cash for the renovations than borrow additional money and be restricted to 203k guidelines.September 10 2013 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.