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Updated over 3 years ago, 09/20/2021

User Stats

39
Posts
13
Votes
Spencer Herrick
Pro Member
  • Pittsburgh, PA
13
Votes |
39
Posts

Conventional Loan for Rental Property- Money Down- 20 vs 25% Down

Spencer Herrick
Pro Member
  • Pittsburgh, PA
Posted

I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? Should I keep looking or is this just based on the economic climate we're in right now?

  • Spencer Herrick
  • Loading replies...