Any lenders offering 20% on duplex, conventional loan

[Neal Daftary]

I’m looking to buy my first duplex. Would like to know if anyone knows of any lender options for 20% town instead of the usual 25%. Also any tips on where to find the best interest rates on investment properties would be appreciated. Thank you!

[Connor Hibbs]

Hi @Neal Daftary,

Getting 20% down depends on which type of loan you are looking for but shouldn't be too difficult. If you are looking for a long-term loan then you'd just need a 700+ FICO and a property that cashflows. For rehab loans you'd probably want at least 1 exp to get 20% down.

If you have a specific scenario I'd be happy to give you a rough quote.