Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
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 about 4 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Dave Madden
  • Centerville, OH
1
Votes |
6
Posts

Financing for new college graduate

Dave Madden
  • Centerville, OH
Posted

My daughter will graduate in May 2021 and start working as a teacher in Nashville TN in Aug 2021. She has saved enough for a 5% downpayment on a notional 250K townhouse.  The problem is: no work history.  Beyond finding Private Financing, are there any commercial loan products that will lend to a brand new college graduate w no significant W-2 history?  Any recommended credit unions in Nashville that might be willing to work w us?  Thanks.

Most Popular Reply

User Stats

326
Posts
265
Votes
Erickson Sainval
  • Investor
  • San Diego, CA
265
Votes |
326
Posts
Erickson Sainval
  • Investor
  • San Diego, CA
Replied

There are credit unions specifically for teachers. I would look into that, but it would also be beneficial to start working on credit. 

Loading replies...