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Updated over 8 years ago on . Most recent reply

User Stats

42
Posts
7
Votes
Mohan Dag
  • Charlotte, NC
7
Votes |
42
Posts

Conventional Loan qualification to purchasing home

Mohan Dag
  • Charlotte, NC
Posted
It is my first investment property purchase contract for a duplex. I am looking for my options for financing for better cash flow per month. The property is worth 110k and am putting down 20%. I have 750+ credit score and no debts. I have lined up commercial loan which may take another 45 days to close. Now my question is that I have found a w2 job that I will start in 15 days (Oct 17th). How soon can I qualify for conventional loan and can I time it for purchasing the property that I am in due diligence period? Thanks!!

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