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Updated about 2 years ago on . Most recent reply

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51
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53
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Sarp Ka
53
Votes |
51
Posts

Primary 4plex, any lender do 20% on a conventional?

Sarp Ka
Posted

I spoke to few lenders they strictly only allow 25% down for the 4plex and not allowing 20% for 4plex using it as a primary residence. But as per rules, in theory I should be able to get a conventional loan with 20% down payment.

I'm wondering if there's any specific lender that would allow me to just put down 20% on a conventional loan.

Thanks

Most Popular Reply

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43
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44
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Jay S.
  • Lender
  • San Francisco Bay Area
44
Votes |
43
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Jay S.
  • Lender
  • San Francisco Bay Area
Replied

@Sarp Ka: We have multiple lenders which do 20% on a conventional loan if you qualify. DM me if you are interested and I can send you their guidelines for qualification.

Thank you.  

  • Jay S.
  • [email protected]
  • 408-832-8200
  • Loading replies...