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Updated almost 4 years ago on . Most recent reply

User Stats

26
Posts
7
Votes
Tim Hershberger
7
Votes |
26
Posts

Looking for Options - Conventional Loans

Tim Hershberger
Posted

Looking for potential financing options to purchase our next property. Bought our home last May 2021 (VA loan) and will probably turn it into a rental this summer. Was told at that time I would not be able to get a conventional loan for a new purchase until June 2022 due to a bankruptcy in 2018 when we lost our business (and I didn't properly shield my personal assets). Would like to get a conventional loan if possible (seems easiest). We have plenty of cash on hand for down payments but would like to jump back into the market before June. FYI - I have not spoken to local banks yet. Thought I'd ask the experts here first.

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