looking for some opinions on an idea. im checking on a few arms. one that i like particular is a 30 with 10% down at 4.64 apr. 5 year lock ins with no more than 2% change with each change. if i use this to purchase a...
Does the 5% loan work on four-family properties?
I am purchasing my first home, and plan to use it as a rental property. I'm getting a killer deal on the price of the home. Upon talking with my loan agent, I discovered that I have a tough choice to make. Do I live i...
Just received a couple pre approval letters for a 3% down conventional loan. My credit is great and this would be my first home. I’m assuming that’s why the down payment is so low. I’m wondering what the restrictions ...
I found a property that needed repairs and was told by my lender that they wouldn't give me the loan because of the amount of repairs the property needed. Even though i could prove i had cash to pay for the repairs. S...
I have a question can I get 3 duplexes with a conventional mortgage?
Thinking of doing owner occupied for my next purchase. I have a market in mind but I am stuck with deciding financing. What is everyone's experience with owner occupied financing? FHA, Conventional, or other forms of ...
Greetings BP!!There is a significant difference between the down payment required with 20-25% conventional down payments versus FHA 3.5% with house hacking type scenarios, what kind of return should be aimed for when ...
hey BP family, can anyone share some pros VS Cons on a conventional renovation loan? this loan option just seems to good to be true