Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
David Bloomer
  • Rental Property Investor
  • Oklahoma City, OK
4
Votes |
9
Posts

Small mortgage questions

David Bloomer
  • Rental Property Investor
  • Oklahoma City, OK
Posted

I’m interested in buying a couple of different properties that will only require small mortgages like for example one house is approximately 45k and one is 35k. Will conventional loans work for these or will I have to look at other options? Thanks in advance.

Most Popular Reply

User Stats

582
Posts
433
Votes
Eric Veronica
  • Lender
  • Cleveland, OH
433
Votes |
582
Posts
Eric Veronica
  • Lender
  • Cleveland, OH
Replied

Most lenders have a minimum loan amount around 50k however you can likely find a smaller local bank or credit union that does not have a minimum loan amount.  I dont have a minimum loan amount however I cannot lend in Oklahoma.  Good luck with the search!

Loading replies...