Looking for portfolio lender in Tennessee for house-hack financing

Nashville, TennesseeWantFinancingConventional
Classifieds
3yFollow

Looking for portfolio lender in Tennessee for house-hack financing

Wendy ThurstPro Member
Nashville, TN (nashville tn) · Member since 2020 · 49 posts · 28 votes

Under contract for a house-hack property and need financing solutions! This will be SFH mortgage #4 in our name, good credit score, need to put minimal down. All mortgages currently covered with MTR rental biz. Fannie and Freddie won't do.

Thanks in advance!

2Reply
9 views

Most Popular Reply

Grant SchroederPro Member
Lender · OR ID AZ CA WA CO NV TN MT · Member since 2018 · 599 posts · 312 votes
3y

@Wendy Thurst I would be glad to connect with you on this for low downpayment solutions for this 4th property & house hack! Academy Mortgage is a portfolio and direct lender with lots of tools in our toolbox to assist house hackers and investors with creative solutions.

[email protected]541-231-1256
1Reply
See this reply in the discussion

4 Replies

Jump to latestLatest
  • Sarah Ware
    Realtor · Knoxville, TN · Member since 2022 · 28 posts · 16 votes
    3y

    I always always have clients check with Rob at Movement Mortgage-he is a wizard at making things work.  Rob Breckenridge, (865)804-3288.

    1Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    3y
    Quote from @Wendy Thurst:

    Under contract for a house-hack property and need financing solutions! This will be SFH mortgage #4 in our name, good credit score, need to put minimal down. All mortgages currently covered with MTR rental biz. Fannie and Freddie won't do.

    Thanks in advance!

     Hey Wendy, 

    Most lenders require a minimum downpayment of 20-25% for multi family properties if you are not using an FHA loan. On an FHA loan you may be able to put 3.5% down as long as the property's rental income meet the self sufficiency requirement and you meet the DTI requirements

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
    1Reply
  • Grant SchroederPro Member
    Lender · OR ID AZ CA WA CO NV TN MT · Member since 2018 · 599 posts · 312 votes
    3y

    @Wendy Thurst I would be glad to connect with you on this for low downpayment solutions for this 4th property & house hack! Academy Mortgage is a portfolio and direct lender with lots of tools in our toolbox to assist house hackers and investors with creative solutions.

    [email protected]541-231-1256
    1Reply
  • Oliver Bernardo
    Lender · Los Angeles, CA · Member since 2019 · 50 posts · 6 votes
    3y

    @Wendy Thurst happy to help! Pm sent!

    1Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free