Updated almost 6 years ago on . Most recent reply
Seeking Lender Options for Duplex Purchase
Hi Biggerpockets !
Is anyone familiar with a lender who can accommodate a loan for a two family home in NJ with the following details?
-10% down payment
- Two owners on the mortgage and title , but only one owner will use as a primary residence. ( other owner related through marriage)
- One borrower credit score 720ish and the other 650.
- Debt to Income ratios are within acceptable range
- Property is currently under contract so would have to happen fast ! Conventional or FHA would be okay.
I appreciate you taking the time to read through the situation and would love to hear any thoughts or feedback!
Thank you,
Tim
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