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Updated about 4 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Tampa, FL
  • Member since Sep 28, 2020
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Tampa, FL
  • Member since Sep 28, 2020
Connect
Account Closed
  • Rental Property Investor
  • Tampa, FL
1
Votes |
4
Posts
Mortgage Brokers & Lenders

Lender changed down payment % after offer acceptance

Account Closed
  • Rental Property Investor
  • Tampa, FL
Posted

Looking for advice: Tampa : communicated to my loan officer I was looking for a live in multi family/ multi unit. My loan officer ran numbers using 5% conventional after I sent him the property I was submitting an offer to. After offer was accepted they now said they are unable to lend at 5% but 15% . How would you handle this situation?

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