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Updated about 6 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Jarett Tigges
  • Albuquerque, NM
2
Votes |
19
Posts

Obtaining a Loan While in College

Jarett Tigges
  • Albuquerque, NM
Posted

Looking for a little advice on obtaining my first loan for a small multifamily property. I'm 21 years old attending university for a couple more months. I have a good paying job, but its technically part time because I'm paid by the hour. I was wondering if there was anyone who has obtained a loan at my age or with a part time job? I will have enough money for a pretty sizable down payment, especially with my partner involved, but I know banks care more about your income and collateral when you're inexperienced. Does anyone have specific advice for me? Should I just start calling banks to see what their criteria are, and if so, what questions should I ask?

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