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Some one told me that FHA-HUD- and V.A. do not approve loans if a house does not have a basement, is

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October 04 2013 - Town of Barre
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All the posts are correct. A home does not need a basement to be financed by those agencies. However, not all non-basements are equal. The thing that is used instead of a basement does matter. Posts, piers, blocks, slab, dirt, footings, frost wall and whatever else someone may have come up with to keep the frame of the house from resting on the ground are all treated differently. Some are preferred over others. Some just won't fly with certain types of loans. Ask your preferred lender if there are some things that they won't do in that situation. Good luck! !
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October 05 2013
Some told me the moon was made out of cheese. Both are wrong. 
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October 04 2013
Completely 100% FALSE!!!
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October 04 2013
Totally incorrect.
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October 04 2013
Not true
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October 04 2013
 
Related Questions
Some one told me that FHA-HUD- and V.A. do not approve loans if a house does not have a basement, is
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October 05 2013 | 5 answers
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