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Updated over 10 years ago on . Most recent reply

NA Jones's profile image
NA Jones's profile image
NA Jones
  • Flipper
  • from Port Deposit, Maryland
  • Member since Feb 24, 2014
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171
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NA Jones's profile image
NA Jones's profile image
NA Jones
  • Flipper
  • from Port Deposit, Maryland
  • Member since Feb 24, 2014
Connect
NA Jones
  • Flipper
  • Port Deposit, MD
171
Votes |
280
Posts
Private Lending & Conventional Mortgage Advice

What will a lender require? (Conventional loan)

NA Jones
  • Flipper
  • Port Deposit, MD
Posted

Forgive this completely noob question, but my husband and I will likely try to finance our first property the uncreative way with a conventional loan.

Does anyone know what a lender is likely to require regarding down payment, closing costs, reserve funds, credit score, DTI, etc?

Thanks in advance for any insight you can give!

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