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Updated about 5 years ago on . Most recent reply

User Stats

51
Posts
22
Votes
Mark Anderson
  • Investor
  • Austin
22
Votes |
51
Posts

Lending For A Non FHA Quadplex Owner Occupied At 15% Down

Mark Anderson
  • Investor
  • Austin
Posted

Lending For A Non FHA Quadplex Owner Occupied At 15% Down

Hi everyone, currently looking to get qualified for a loan on an owner occupied quadplex for only 15% down. This property exceeds the FHA loan limits for my area of Austin Texas but will be under the jumbo loan limit of $931,000. The property is listed at $980k and i have $150,000 to put down. Currently have no debt, no car payment just $1,150 in rent. Have an income of $95,000. Please reach out if you think this is doable or have any ideas on how this can work. Would love any advice thanks in advance.

Thanks, 

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