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Updated almost 8 years ago on . Most recent reply

User Stats

42
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57
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Michael Perry
  • Hyattsville, MD
57
Votes |
42
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Lenders that require less than 25%, any suggestions?

Michael Perry
  • Hyattsville, MD
Posted

Looking to finance some deals and I'm looking for small but good and reputable lenders who would possibly work with less than 25% down - looking for somewhere in the range of 5% - 20% range and lends in Chicago. I'd look at a private lender as well if the terms were good. Looking to borrow $75k to $125k depending on terms. Any suggestions for lenders you guys have worked with or know about?  I'm trying to build me list of good lenders to choose from as I start building my portfolio. Thanks in advance for your input. :)

Most Popular Reply

User Stats

42
Posts
57
Votes
Michael Perry
  • Hyattsville, MD
57
Votes |
42
Posts
Michael Perry
  • Hyattsville, MD
Replied

@Chris Mason Thanks for this. This means that really any lending institution can offer 15% if they offer Fannie products. However it would be up the the individual lending institutions policy on whether or not they will require 25% or not, is that correct? I apologize in advance if this is a dumb question.

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