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Updated over 7 years ago on . Most recent reply

User Stats

54
Posts
15
Votes
Chris Hayes
  • Oklahoma City, OK
15
Votes |
54
Posts

Avoiding FHA loans through community banks

Chris Hayes
  • Oklahoma City, OK
Posted

I'm still in the process of learning about investing and banking money. Is it possible to avoid FHA loans even with low money down (3.5-5%) by going through community banks? I know there's a lot of talk about how community banks are more likely to loan to investors. I'm willing to go the FHA route if I can find a duplex or house with another living area, but if I could find a great deal on a single family dwelling for an investment property, would it be possible to avoid an FHA loan without 20-25% down?

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