I am looking to obtain information about the feasibility and availability of obtaining a mortgage for only about $40,000.
Most banks are telling me that would not bother to offer the small loan.
I am not interested in alternate HELOC or other sources of financing unless terms are 30 year and interest rate sub 6%.
Credit Union or private loan.
A lender gets <$400 fee spending 30 hours process your application on a 30 years loan?