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Updated about 8 years ago on . Most recent reply

Melchor Domantay's profile image
Melchor Domantay's profile image
Melchor Domantay
  • Rental Property Investor
  • from Berwyn, IL
  • Member since Sep 24, 2016
  • Posts 66
  • Votes 11
  • Experience 8 Yrs
  • Investments 5
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Melchor Domantay's profile image
Melchor Domantay's profile image
Melchor Domantay
  • Rental Property Investor
  • from Berwyn, IL
  • Member since Sep 24, 2016
  • Posts 66
  • Votes 11
  • Experience 8 Yrs
  • Investments 5
Connect
Melchor Domantay
  • Rental Property Investor
  • Berwyn, IL
11
Votes |
66
Posts
Private Lending & Conventional Mortgage Advice

Conventional with less than 20% down

Melchor Domantay
  • Rental Property Investor
  • Berwyn, IL
Posted

Good Evening BP,

Does anyone know a Lender that will allow less than 20% down for an investment property?

Thank you in advanced!!

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Shaun Weekes's profile image
Shaun Weekes's profile image
Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • from Rancho Cucamonga, CA
  • Member since Jun 8, 2014
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Shaun Weekes's profile image
Shaun Weekes's profile image
Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • from Rancho Cucamonga, CA
  • Member since Jun 8, 2014
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Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
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Shaun Weekes
  • Loan Officer / Processor / Life & Health Agent
  • Rancho Cucamonga, CA
Replied

@Melchor Domantay

If it's an SFR you can go as low as 15% and obviously MI will be involved. But if you have good credit etc it shouldn't be more than .375% roughly.

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