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Updated over 8 years ago on . Most recent reply
203k Loan
Hi Investors! I have a few questions on a 203k Loan. I was told by a Broker that When you need a co-signer (which I will and I can get) that you can not do a 203k Loan with 3.5% down on a owner occupied multifamily. You would in that case have to put 20% down.
In order to put 3.5% down when needing a co-signer would be on a single family only.
Any thoughts? Are there other loans I can look into? SONYMA? Would love to hear your opinions..NY located
- NB
Most Popular Reply
is this on a sfr or multi?