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Updated about 4 years ago on . Most recent reply

Nicholas J. Sciamanda's profile image
Nicholas J. Sciamanda's profile image
Nicholas J. Sciamanda
  • from Erie, PA
  • Member since Jun 1, 2019
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Nicholas J. Sciamanda's profile image
Nicholas J. Sciamanda's profile image
Nicholas J. Sciamanda
  • from Erie, PA
  • Member since Jun 1, 2019
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Nicholas J. Sciamanda
  • Erie, PA
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Private Lending & Conventional Mortgage Advice

Beginner financing rates and terms

Nicholas J. Sciamanda
  • Erie, PA
Posted

I am starting my journey to financial freedom and have been reading and networking. Anyways, in reaching out to my loan officer (who I have my current residential mortgage through), I was told that standard terms for beginner investors with their bank is 35% down and a 15 year term. Is this pretty standard when going through a traditional bank?

Thanks,

Nick

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