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Updated almost 2 years ago on . Most recent reply

Tareq Alafranji's profile image
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Tareq Alafranji
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Private Lending & Conventional Mortgage Advice

MORTGAGE LENDING FOR PROPERTIES UNDER 100K?

Tareq Alafranji
Posted

Hello everyone,

I am looking into buying few properties that fall under the 100k price range of a typical mortgage. I am having a hard time finding a lender who is willing to work with properties below that mark. Any suggestions? 

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Brittany Minocchi's profile image
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Brittany Minocchi
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  • from Massillon, OH
  • Member since Jan 25, 2022
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Brittany Minocchi
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Brittany Minocchi
  • Lender
  • Massillon, OH
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Brittany Minocchi
  • Lender
  • Massillon, OH
Replied

Are you trying to use traditional financing or nonQM?

If job history/income/DTI aren't concerns and you haven't maxed out the number of properties financed traditionally, that shouldn't be an issue

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Brittany Minocchi - Barrett Financial Group, LLC
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