USDA Rural Development Loans and Unfinished Rooms?

My husband and I are trying to find out if this is allowed. My husband and I would like to finish 1,500 of liveable space. The remaining 1,500 would be conditioned (shell) to be finished at our pace.

The lender said they’d never been asked this question before, but as long as it appraises for the mortgage, they think we should be okay.

Has anyone dealt with this?

Thank you!

submitted by /u/LittleMissPotatoe
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My husband and I are trying to find out if this is allowed. My husband and I would like to finish 1,500 of liveable space. The remaining 1,500 would be conditioned (shell) to be finished at our pace. The lender said they’d never been asked this question before, but as long as it appraises for the mortgage, they think we should be okay. Has anyone dealt with this? Thank you! submitted by /u/LittleMissPotatoe [link] [comments]

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