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Updated almost 3 years ago on . Most recent reply

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Scott M. Fletcher
  • Rental Property Investor
  • Chicago
11
Votes |
13
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5% Owner Occupied MF Conventional Loans?

Scott M. Fletcher
  • Rental Property Investor
  • Chicago
Posted

Hi BP Crew,

Can anyone recommend a lender that offers 5% down conventional (not FHA) loans on an owner occupied multifamily property?

Thank You,

Scott 

  • Scott M. Fletcher
  • Most Popular Reply

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    Paul De Luca
    • Real Estate Agent
    • Chicago, IL
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    Paul De Luca
    • Real Estate Agent
    • Chicago, IL
    Replied

    @Scott M. Fletcher

    I have also worked with A&N and they have offered 5% down conventional in the past & I believe that program is making a comeback soon. As it stands they currently offer a 10% down conventional loan too. But I also do know another lender that offers 5% down for a legal 2-flat.

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    Magnus Properties LLC
    4.9 stars
    24 Reviews

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