Financing in Today's Market

In an earlier post, I discussed the house design and noted we were planning 2 bedrooms and 2 bathrooms. That's in-line with the concepts put forth by Sarah Susanka and other followers of the "Not So Big House" philosophy. However, the banks probably don't subscribe to that philosophy and we've been advised by our mortgage broker to finish the 3rd bedroom on the lower level so the house will be a 3 bedroom/2 bath house. That's a little extra money and more work for us up front, but should help significantly in the valuation of the house so we can get the necessary bank financing to make this project a reality!