Final and best offer is due tomorrow and I thought I had a lender lined up until last minute they tell me they aren’t able to do the conventional rehab loan on a manufactured home..

In my experience what can happen is a property owner gives a conventional first mtg, then gives a HELOC as a second.

We looked into a conventional and were told it wouldn’t pass inspection cause it’s “distressed”.

FHA can be great, but if you qualify for a conventional loan you'll less red tape and won't have PMI for the entire life of the loan.Have you considered MFR?

Conventional loan? 

I’ve only used conventional lenders.

So, my lender moved me to TDHCA for the 5% DPA but notified me that the MCC cannot be used with a 5% DPA while using a Conventional loan with a fixed rate.

Looking to finance a 70k SFR with preferably 20% down. Willing to go up to 25%. FICO is high 600's and it is 1st investment property.Are any banks or private lenders funding these kinds of loans right now?

In accordance with my 2019 tax return I am not making enough income to qualify for a conventional loan due to all of the deductions I took using my rental.

We selected Athas due to our "traditional" residential lenders said it would be challenging to obtain conventional financing due to lack of 12-month leases in place and the property operates as a STR "business."