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Updated over 2 years ago,
Loan With Cheapest Down Payment for Non-Owner Occupied
Hi,
I am having trouble finding the answer to my question of what is the option for a loan with the cheapest down payment on a property I wish to keep as a rental, that I personally will never live in?
I see down payments of 15%. 20%. 25%. But then I read you can do 10% down with a certain Fannie Mae program even if I never intend to reside in the property.
Any guidance would be much appreciated.