Is there a minimum loan amount that lenders require?

[Ebony Bolton]

Hello everyone. I have been looking at some low priced duplexes under 75k in the New York area. My question is... od lenders typically make 15yr or 30yr loans on homes priced this low or do they require a higher minimum loan amount? 

I ask because we attempted to to get pre-approved for a property priced low and we had 30% to put down but Chase Bank said the property amount did not meet their criteria. However, they did not say what the minimum criteria is. 

Please assist. 

Thank you