Profile picture for neburnoloc38

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

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
October 04 2013 - Town of Barre
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (5)

Best Answer
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! !
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
October 05 2013
Some told me the moon was made out of cheese. Both are wrong. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
October 04 2013
Completely 100% FALSE!!!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
October 04 2013
Totally incorrect.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
October 04 2013
Not true
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
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
Profile picture for Jim Bellville
Latest answer by Jim Bellville
October 05 2013 | 5 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 163 Hill St, Barre, VT Home For Sale
    163 Hill St, Barre, VT 05641

     For Sale: $155,000

    • Beds: 4
    • Sqft: 1527
    • Baths: 1.0
    • Lot: 10018
  2. 5 Windsor Ter, Barre, VT Home For Sale
    5 Windsor Ter, Barre, VT 05641

     For Sale: $225,000

    • Beds: 3
    • Sqft: --
    • Baths: 3.0
    • Lot: 12196
  3. 56 Pleasant St, Barre, VT Home For Sale
    56 Pleasant St, Barre, VT 05641

     For Sale: $69,900

    • Beds: 3
    • Sqft: 1396
    • Baths: 2.0
    • Lot: 12632