Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Wells Fargo owner occ. low down payment, question?
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?