Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

2
Posts
1
Votes
Keely Collette
1
Votes |
2
Posts

Do credit unions have a lower loan minimum then traditional banks

Keely Collette
Posted

In the past, I was told by my local bank that they would not finance anything under 50K on a residential mortgage.  Is this the case at credit unions?  I called a few today and was told their lending minimum was 30k but would not lend to a business. I know many podcasters say they only do business with CUs and doubt they would be buying properties in their name.  Do I need to keep calling other CUs or am I asking the wrong questions? Any help would be great!