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Updated over 3 years ago on . Most recent reply

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Bernadeau C.
  • Rental Property Investor
  • Orlando, FL
227
Votes |
533
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15% down on SFH investment property?

Bernadeau C.
  • Rental Property Investor
  • Orlando, FL
Posted

Has anyone been able to find a lender that allows 15% down on a SFH investment property?

  • Bernadeau C.
  • Most Popular Reply

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    Andrew Postell
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • Fort Worth, TX
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    Andrew Postell
    #1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Lender
    • Fort Worth, TX
    Replied

    @Bernadeau C. if you are seeking loans through Fannie Mae of Freddie Mac you should ONLY be working with lenders that have a 15% minimum on SFH. If they require a higher downpayment that is an "overlay", or a restriction. And that means that they probably have more restrictions elsewhere too. Find lenders that use 15% down. They are out there.

  • Andrew Postell
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