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Updated over 4 years ago,

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19
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8
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David Lyons
8
Votes |
19
Posts

Lenders for Multifamily conventional loans during Covid?

David Lyons
Posted

Hi all,

I was working on a pre-approval for a conventional loan on an investment property today with Chase. After filling out the application and talking to a loan officer, she told me they're not making loans on multi-family units or condos right now. Has anyone had similar issues with getting a conventional loan for a multi-family investment property recently? I'm curious if many other banks are putting similar restrictions in place, and wondering when they'll lift them


- Dave

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