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Updated about 5 years ago on . Most recent reply

User Stats

51
Posts
22
Votes
Mark Anderson
  • Investor
  • Austin
22
Votes |
51
Posts

Lending For A Non FHA Quadplex Owner Occupied At 15% Down

Mark Anderson
  • Investor
  • Austin
Posted

Lending For A Non FHA Quadplex Owner Occupied At 15% Down

Hi everyone, currently looking to get qualified for a loan on an owner occupied quadplex for only 15% down. This property exceeds the FHA loan limits for my area of Austin Texas but will be under the jumbo loan limit of $931,000. The property is listed at $980k and i have $150,000 to put down. Currently have no debt, no car payment just $1,150 in rent. Have an income of $95,000. Please reach out if you think this is doable or have any ideas on how this can work. Would love any advice thanks in advance.

Thanks,

Most Popular Reply

User Stats

4,848
Posts
3,414
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,414
Votes |
4,848
Posts
Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

@Mark Anderson have you talked to a lender yet?

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The Moorhead Team
5.0 stars
136 Reviews

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