Just moved out of state and looking for 5% loan

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Just moved out of state and looking for 5% loan

Calin Segarceanu
Member since 2019 · 3 posts · 1 vote

I just moved out of state, WA, for a better job so I can pay down some debt. I'm planning to return back to IL. I just saw an apartment that I'd be interested to buy, however I'm wondering if I still can access a loan with 5% down?

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  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    6y

    @Calin Segarceanu do you mean a condo?  Or are you asking how to buy an apartment complex?

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  • Calin Segarceanu
    OP
    Member since 2019 · 3 posts · 1 vote
    6y

    @Andrew Postell, a condo. 

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  • Wayne Brooks
    Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    6y

    If owner occupied, yes.  If not, no.

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