Updated over 5 years ago on . Most recent reply
Small mortgage questions
I’m interested in buying a couple of different properties that will only require small mortgages like for example one house is approximately 45k and one is 35k. Will conventional loans work for these or will I have to look at other options? Thanks in advance.
Most Popular Reply
Most lenders have a minimum loan amount around 50k however you can likely find a smaller local bank or credit union that does not have a minimum loan amount. I dont have a minimum loan amount however I cannot lend in Oklahoma. Good luck with the search!