Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

51
Posts
53
Votes
Sarp Ka
53
Votes |
51
Posts

Primary 4plex, any lender do 20% on a conventional?

Sarp Ka
Posted

I spoke to few lenders they strictly only allow 25% down for the 4plex and not allowing 20% for 4plex using it as a primary residence. But as per rules, in theory I should be able to get a conventional loan with 20% down payment.

I'm wondering if there's any specific lender that would allow me to just put down 20% on a conventional loan.

Thanks

Most Popular Reply

User Stats

47
Posts
45
Votes
Jay S.
  • Lender
  • San Francisco Bay Area
45
Votes |
47
Posts
Jay S.
  • Lender
  • San Francisco Bay Area
Replied

@Sarp Ka: We have multiple lenders which do 20% on a conventional loan if you qualify. DM me if you are interested and I can send you their guidelines for qualification.

Thank you.  

  • Jay S.
  • [email protected]
  • 408-832-8200
  • Loading replies...