10% Down on a Non-Owner Occupied Investment Loan

[Max Cohen]

Hi all,

I'm curious if anyone is aware of a lender who is able to offer 10% down on a non-owner occupied investment loan.

I, personally, have used Mountain America Credit Union for this type of loan product, but I haven't been able to find other lenders who offer something similar.

I'm particularly interested in a lender who offers this loan product in states like Tennessee, Florida, Georgia, Texas, Arizona, and California, but I'd love to hear of lenders who offer this anywhere else as well.

Thanks so much,

Max

[Grant Schroeder]

@Max Cohen we can do this at Academy Mortgage for AZ, WA, ID, and OR. Unfortunately CA is not an option. I have seen that Mountain American offers this 10% down NOO on 1-4 units as well but have had clients reach out to me since Mountain American can be very slow to respond and keep the loan process moving forward, especially on a purchase when hitting certain milestones is vital.