I want to purchase a home at auction. I'd like to spend about 70-80k. What types of financing options do I have?

There is no conforming loan you can use to purchase a home at an auction.. Typically, you need to pay for your purchase within 24 to 48 hours... Conforming lenders take 30 to 45 days to close on a loan, so if your looking at purchasing a home at auction, you need to pay cash. If you dont have cash, then try to find a hard money lender who will get you a credit line so you can pay cash. Expect the HML to require 30% or more down payment and rates and fees are going to be high.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347