Posted by brandoncbsre on June 28, 2009 at 20:42:07:
Go down to a couple of local banks…plenty of 20-25% down local lenders.
I just got quoted 6.5% on a 5 year commercial loan for a foreclosed single family home with 25% down. Purchase price will be under $12,000 so I don’t anything longer than a 60 month but they’ve gone 15 and 20 years for me in the past.
Duplex Finance - Posted by Dan
Posted by Dan on June 27, 2009 at 12:02:51:
Anyone have any leads for a 20% down product on a NOO property.
My FICO = 785. I have Great credit and a job too.
Wells Fargo may have a product of 20% down with an int rate of 6.5% with 1 pt. The loan officer was not sure.
Any ideas?
Thanks
Re: Duplex Finance - Posted by james
Posted by james on July 03, 2009 at 24:12:14:
How local credit unions? They costs are low.