Zillow Advice: Buying a Foreclosure - Homepath loan http://www.zillow.com/advice-thread/Homepath-loan/470103/ Zillow Advice | Zillow Real Estate They can be both but all ... http://www.zillow.com/advice-thread/Homepath-loan/470103/ <p>They can be both but all of them are not.&nbsp;It will be clearly identified as both or just one.&nbsp; Each property can be different and lenders can handle differently as well.&nbsp; &nbsp;For example, we can do homepath mortgage loans but we cannot help with the Homepath renovation.<br/><br/>Approval is pretty straightforward and no appraisal sure helps!!&nbsp;</p> Mon, 03 Dec 2012 20:34:00 GMT http://www.zillow.com/advice-thread/Homepath-loan/470103/ 2012-12-03T20:34:00Z Talk to a local lender. http://www.zillow.com/advice-thread/Homepath-loan/470103/ Talk to a local lender. Sat, 01 Dec 2012 23:20:00 GMT http://www.zillow.com/advice-thread/Homepath-loan/470103/ 2012-12-01T23:20:00Z Yes, a Homepath renovation ... http://www.zillow.com/advice-thread/Homepath-loan/470103/ Yes, a Homepath renovation loan allows you to borrow extra money to do repairs.&nbsp; You should be able to get a regular loan assuming the house does not need repairs that are required for occupancy.&nbsp; Some examples might be a home with non-functional plumbing might require a renovation loan, a home with carpet missing might not.<br/><br/>Approval should be just a matter of days (maybe hours) if you can get the proper information requested to your Loan Officer. Sat, 01 Dec 2012 22:54:00 GMT http://www.zillow.com/advice-thread/Homepath-loan/470103/ 2012-12-01T22:54:00Z