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Updated about 3 years ago on . Most recent reply

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Britton Engleman
  • New to Real Estate
  • Indiana
0
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6
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Conventional Loan Down payment

Britton Engleman
  • New to Real Estate
  • Indiana
Posted

Is it possible to get a conventional loan for an investment property with 5% or less down?

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8
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1
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Jay Bunte
  • Lender
  • Texas
1
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Jay Bunte
  • Lender
  • Texas
Replied
Quote from @Britton Engleman:

Is it possible to get a conventional loan for an investment property with 5% or less down?

For Conventional financing investment property, the minimum down payment is 15% for a single unit.  If purchasing a 2-4 unit, the minimum down payment is 25%. 

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