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Updated almost 5 years ago on . Most recent reply

20% Down Multi-Family Lender in MA
Hello Everyone,
I am looking for a lender who would be willing to do a 20% down payment on a 4-plex in Massachusetts (MA) not owner occupied.
It can be an ARM if necessary
No PMI.
Income verification is not a problem.
Found a lender in NH although they won't lend on properties in MA for some odd reason.
Thank you!
Christian
Most Popular Reply

@Christian Ferreira call a local bank where the property is located. Banks locally have to lend within there Community Reinvestment Act (CRA) area and therefore have easier guidelines within the zone.