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Updated over 6 years ago on . Most recent reply

User Stats

24
Posts
9
Votes
Jeron Walker
  • Investor
  • Memphis, TN
9
Votes |
24
Posts

Wells Fargo owner occ. low down payment, question?

Jeron Walker
  • Investor
  • Memphis, TN
Posted

Hi, everyone

I am currently looking for a loan for a 2-4 plex to house hack and I'm trying to see if using Wells Fargos as a lender is a good idea.

Has anyone used them before for a residential deal, looks like I'll be at a 5% interest rate. Apparently it works like a FHA loan except they skip the long inspection process. Anything out the ordinary I should look out for?

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