Property Under Contract - Good Credit - Looking for Loan Options

[Juan C Velez]

Hello,

I have a SFR under contract in Indiana. Looking to close by August 19th. I have good credit and my debt to income ratio is probably fine.

The problem I am running into is that the property is being purchased for 78k and I am wanting (and probably have to anyway) put down 20% to 25% down payment so I've had a few banks tell me the the final loan amount (minus down payment) is to small for them to be able to provide the loan.

Does anyone have any lenders they can recommend that would be able to provide me with a financing solution?

I was originally looking for a conventional 30 year fixed interest mortgage but at this point I am more concerned with actually being able to get a loan approved and being able to close on the property by August 19th so I am open to any type of financing/loan options that can help me get this deal done. Thanks!