Hi All,I am a first time poster and first time buyer. I have been listening to BP podcasts, Googling acronyms, reading forums, and searching Zillow/Redfin/Realtor/etc for about a month now. I am searching the Northern...
Hi everyone!
I am seeing that FHA has been commonly associated with house hacking. Is this simply for the lowest down payment possible? Would you still have to live in the property for a year with a 5% down conventio...
As i understand, Freddie and Fannie Mortgage have different set of criterion for 1-4 and then 5-10 mortgages. However,when they count is it per person or for the household? The reason ask is because me and my wife ind...
I am currently retired and just purchased my 1st duplex in Upstate NY using a conventional investment property loan. I am interested in purchasing a 2nd multi family right away while the market is good in that area. ...
Hi BP Members! I am currently looking to purchase investment property, and have been pre-approved with the credit union of which I am also a member. The loan package has a very favorable interest rate as well as addit...
It's easy to go with conventional as most are versed in that product yet there are so many other options out there. It seems the few lenders I've spoken with all want to direct to conventional vs anything else. Is it ...
I'm looking around to find out where I am getting my first mortgage loan and what type of loan I should get.I currently live in South Florida, and want to buy a home, but my job requires me to go on temporary duty out...
Hello!I usually live in the short term rental forums - first post here. :)I’m wondering if there are any major advantages in low LTV portfolio loans for multiple properties other than helping with the conventional loa...
I do not know much about lenders and brokers and how much rates vary between them. I called my local lender brokerage here in town and I asked what the going interest rate was for a conventional loan for a duplex (not...
Hi all! I've been reading a lot of forums on BP and saw many people say that 5% down conventional loans on a owner occupied fourplex is no longer existent. 3 out of 4 lenders I've reached out to also told me the same ...