Colin We are adding 1000 sf upstairs during a home improvement and plan to pay part cash and a 2nd lien loan for the improvement. We are close to the 80% at the moment but have turned a 4 bedroom into a 2 bedroom by opening up the home and removing walls – amazing outcome.
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Conventional loans typically have fixed interest rates and terms.. Conventional mortgages are ideal for borrowers with good or excellent credit.. Most FHA homebuyers get 30-year mortgages.
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