30 year am for 1-4 and/or 5+ units in Kentucky?

[Kyle Schlosser]

Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single family home. I’m scratching my head and open to any recommendations.

[Brian Garrett]

1-4 units falls under regular conventional Fannie/Freddie so 30 year amortization is standard.

You shouldn't be having a problem getting this loan unless you don't qualify for conventional financing.

5+ unit goes through commercial/portfolio lenders and most are 20-25 year amortization but 30 does exist.