Getting a mortgage for under $100K

[Demetrius Lindsey]

So I'm in the Milwaukee market where there are a ton of properties under $100k in blue collar neighborhoods. I'm looking for lenders or advice financing deals like this with out paying crazy points. I'm early talking to banks local to me. 0-4 to be exact. IF anyone has purchased homes like this please chime in!

[Rebecca Knox]

Hi Demetrius,

Nice to meet you. My name is Rebecca and my husband and I have run Captain Save a Home LLC, Brew City REI Club, Brew City REI Training Cafe and Wisconsin Contractor and Handyman Club based out of Milwaukee, WI for the past 8 years.

I use Cicily Weaver at Equitable because she is super responsive, and they do stand alone loans for properties under 50k. I financed one for $35k and another recently for 42k. The credit unions like Landmark CU (Andrea Werlein) and Marine CU (Carrie Cimler) will also do low loans. Wisconsin Bank & Trust was also doing loans under 50k. --I heard they could do as low as 10k-15k.