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Updated almost 10 years ago on . Most recent reply
Any lender still allowing 80 / 20 ?
Are there any reputable lenders today allowing 80/20 combined loans? There's all the talk of purchasing properties with the lowest down payment. I've found a few sellers who are willing to carry a 2nd for the 20 - 25%%. Also have a lender who will loan up to 80% LTV on SFR or 75% on 2-4 units. Only issue is the lender will not allow the seller 2nd. Thus making me come up with the full 20-25%. Any lender out there still allowing seller carry back or 2nd, while loaning 75-80% LTV on first deed? I need some loans.... Thank you.