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Private Lending & Conventional Mortgage Advice

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Ryan Judkins
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How get loan for lower priced properties?

Ryan Judkins
Posted Feb 9 2023, 15:21

I have two homes in Missouri that I made offers on for $63k and $77k (paying 25% down on each).  Then our loan officer said the underwriters rejected them.  She explained they are lower priced homes so they have a hard time selling them in secondary markets.  Now I'm scrambling to try to save these deals.

Any suggestions?

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