Max number of units with residential mortgage?

Max number of units with residential mortgage?

Member since 2020 · 52 posts · 28 votes

Hi everyone. I understand most lenders will only lend with a traditional residential mortgage for up to 4 units only. Does anyone know of any lenders that work with 5 or 6, especially if it's owner occupied?

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  • Alecia LovelessPro Member
    Member since 2019 · 3k+ posts · 2k+ votes
    5y

    @Seb Ko Hi Seb. I believe most people here recommend trying a smaller local bank or a credit union but I could be wrong. If you talk to someone in the lending department at these local type institutions they will quickly be able to tell you if they can help you or not.

  • Investor · Durham, NC · Member since 2020 · 1k+ posts · 691 votes
    5y

    Hey Seb!

    Here is the link to a BP blog post that you might find helpful- https://www.biggerpockets.com/...

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