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Buying & Selling Real Estate

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Spencer Herrick
Pro Member
  • Pittsburgh, PA
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28
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Conventional Loan for Rental Property- Money Down- 20 vs 25% Down

Spencer Herrick
Pro Member
  • Pittsburgh, PA
Posted Sep 16 2021, 13:14

I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? Should I keep looking or is this just based on the economic climate we're in right now?

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