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Can Take Out Renovation Loan If We Don't Use Id?

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Hi folks

A person suggested that I get the contractor instead if I know what I want to do up in my new house. I am wondering if it is possible to apply for renovation loan if I am not using any ID and only get the contractors for certain works?

Thanks

  • 2 weeks later...

Hi folks

A person suggested that I get the contractor instead if I know what I want to do up in my new house. I am wondering if it is possible to apply for renovation loan if I am not using any ID and only get the contractors for certain works?

Thanks

The loan is administered by the bank so I believe you should have no problems as long as your qualify.

  • 3 weeks later...
  • 1 month later...

Dig up this thread as I have some questions on contractor. My scenario is the same as TS. Me and my wife decided to use contractor as MIL knows a carpenter who can help us do up carpentry works. So, now the problem, do we still qualify for the home loan ? If don't qualify, how to settle the bills for contractor ? Use personal loan instead ?

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