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Private Lending & Conventional Mortgage Advice

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Nolan Clark
  • Rental Property Investor
  • Portland, OR
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Small multi family unit in Portland, Or

Nolan Clark
  • Rental Property Investor
  • Portland, OR
Posted Jan 26 2020, 14:34

Hi, I’m hoping a Lender or anyone with this knowledge can chime in. My wife and I are looking to buy a (2-4) small multi family unit property here in the Portland, Or metro area. This would be an owner occupied property. My current lender just explained to me that it’s 25% down minimum for this type of property whether it’s Owner occupied or not. Is this Lender specific? Or does she just have incorrect

Info?

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