Is anyone aware of any lenders in Indiana who hold onto their notes for investor grade mortgages? I'm curious if I can find someone funding investor notes with less than 20% down. Does anyone know of credit unions loaning to investors at 10% or 15% down in Indiana?
@Anthony Gary If its one unit 15% minimum down payment is required but you have to pay MI on the loan.
Is this for a rehab property, new construction or turn-key?
@Bob Green looking turnkey or very close to it. I already have some competitive options for 20% down and 15% down with mortgage insurance. Just checking to see if anyone is lending in-house with less than 20% down without mortgage insurance on investor products.