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What banks can finance a single family residence under 600 square feet?

Posted by on February 26, 2010

Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to Finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks.

Are you working with a Realtor? Ask them to suggest someone.

If not, Find a Mortgage Broker/Banker who can shop the market for you and find an investor who will finance you.

If you cant find anyone, I hope you made the offer contingent on you finding financing, if not, you are out of your earnest money when you back out.

Good Luck!

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