Non warrantable condo as a primary residence, seeking mortgage

[Richard Duane McClellan]

Hi all,

Can anyone provide some advice on obtaining a mortgage for a non warrantable condo that I would use as a primary residence?  Maybe a lead on a potential private lender, or portfolio lender?

I have spoken with a few local banks already, and they all require 20% down.  I could pull from my 401K, but do not want to do this.  Could I somehow use those funds as collateral to secure a lower downpayment loan?

Other details include:

1.) I want to put 10% down or less

2.) Non warrantable because one person owns 3 of the 7 units

3.) Located in a great downtown area in the DFW metroplex

Thanks in advance,

DM