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Updated over 6 years ago on . Most recent reply

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5
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Shalom Afraimian
  • Flipper/Rehabber
  • Houston, TX
3
Votes |
5
Posts

Hard money loans for primary residence ?

Shalom Afraimian
  • Flipper/Rehabber
  • Houston, TX
Posted
Hi all So after investing, it’s time to think about my own place ;) As I am not a “conventional” applicant - not on a W2, about two years in the US - are there any financial solutions for financing a purchase of a primary residence? I do understand I’m exposed to different rates but I’m trying to find myself a solution and still be able to obtain a mortgage. Ideas/recommendations?

Most Popular Reply

User Stats

465
Posts
184
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Caleb Jordan
  • Lender
  • Arlington, TX
184
Votes |
465
Posts
Caleb Jordan
  • Lender
  • Arlington, TX
Replied

I do not know of a HML who can do owner occupy. In fact if one did my first reaction would be alarm bells and I would ask "what's the catch?"

Now Maybe there is one out there, but read the small print a couple times.

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