Q: We are a childless couple in our 60's and about to retire from the NE to the SW- New Mexico is our choice. Because we are not abundant & have no requirement for a 3-4 bed room home, but DO require a large lot, a minimum of 3/4 acre, we are interested in developing a cost effective, SMALL energy- efficient house, like the ones created by Laura & Alex Sanchez in their book, 'Adobe Houses for Today'. We are especially interested in one of only 862 sq feet, plus a garage. Just how much trouble are we going to have getting funding for a house of this size in a decent development or lot near to standard power and water? Can you recommend any loan providers we may talk to in the Silver City location of NM ?? A: (Quentin Wilson) I do not know the Silver City scene but up here in the environs of Espanola loans on adobe homes are almost regular.

In both cases I begin with the bank president in these small banks. One president of Valley bought an adobe house that I had constructed so during his tenure the bank was wide open to my concepts. Another president who likes adobe then went to the Community Bank and is still there. We even did business with the Bank of America in Espanola once - How long can i finance a used car. If the rural argument can be made then you would also be qualified for Farmers Home Administration (How to finance a car from a private seller). The name has altered however the people are the same. There suffice off the grid, off the wall, off stick developed building, off in every method types of people around Silver City.

Q: I require aid in getting in contact with a broker that does building and construction to irreversible loan for a second house in North Carolina. This home will be log and what we need the most is a lending institution who will take or give credit for the equity as money for our down payment towards the loan. We have owned our land for 6 years and I can't discover anybody who will permit us to utilize our land as a down. Any response or guide you may have for timeshare lawyers us would be great, otherwise our dreams will concern end. A: I would suggest that you seek a local, independent neighborhood bank in your location that does construction lending.

Plus it will cost a lot more in fees due to the reality that they cant do anything themselves, such as examinations. They need to hire building inspectors or architects which can encounter a lot of money. There are community banks all across the country that do this type of financing, plus you get the personal service handling someone local. All business banks will use made equity towards the deposit on your loan - Which of the following can be described as involving direct finance. They may balk if it is unearned equity such as inflated appraisals however you do not see much of that in today's environment. Q: My spouse and I timeshare bad investment have actually fallen for an earth-berm home for sale up here in northern Wyoming, however we can't find conventional financing for it due to lack of comps.

A: I would recommend that you contact the local, independent community banks because area. They are more most likely to be able to do unconventional homes such as that rather than a big lending institution like Wells Fargo. Also, you may see if there is a home loan business by the name of Affiliated Financial Group in that area. They are very helpful in doing that sort of loaning. Q: We are trying to construct a "healthy house" in Tucson AZ utilizing natural materials and no chemicals as much as possible. We are having problem getting financing utilizing "natural methods" of termite control rather of the chemicals.

Q: My hubby and I are trying to develop a strawbale house and we are having difficulty getting a building and construction loan. We don't own the land yet - How to finance a house flip. What are the two ways government can finance a budget deficit?. Can we get a loan for both the lot and building for a strawbale house? We live in Idaho, can you or do you understand anybody who can assist us get financed? A: I would suggest that you get in touch with one of your regional, neighborhood banks in regard to getting your home financed. There is a business called First Home loan Company in Colorado Springs that would take a look at doing your irreversible funding. If you can get that set up, then one of your local banks would probably do the building and construction loan for you.