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Updated about 5 years ago on . Most recent reply

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51
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16
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David K.
16
Votes |
51
Posts

Loans for non owner occuppied 2 Unit? Where do I go?

David K.
Posted

Loans for non owner occuppied 2 Unit? Where do I go?

FHA needs owner occupied for the special rates and lower downpayment options. 25% down is needed.

I am only considering buying this for special circumstances as I would never consider a 2 unit due to the high per unit cost and the wierd place it occupies in the non owner occupied investment loan world. 

Are there any banks or special programs out there that do good rates and terms on these units?

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