Structural Changes to House w/ Mortgage
Hi, I've googled around but can't seem to find an answer. I feel the experts here can easily answer this.
I want to buy a gutter house, and make structural changes (e.g., remove load bearing walls, dig up basement; obviously w/ city permits). However, can you do this construction w/ a conventional mortgage attached to it? I will find the purchase of the house w/ a conventional mortgage, and then fund the construction myself (e.g., no need for loan on the actual construction).
Thanks!
I want to buy a gutter house, and make structural changes (e.g., remove load bearing walls, dig up basement; obviously w/ city permits). However, can you do this construction w/ a conventional mortgage attached to it? I will find the purchase of the house w/ a conventional mortgage, and then fund the construction myself (e.g., no need for loan on the actual construction).
Thanks!