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21
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17
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Kevin Zhang
  • Rental Property Investor
  • Indianapolis
17
Votes |
21
Posts

Min.30% down on the 7th Fannie Mae/Freddie Mac mortgage onwards??

Kevin Zhang
  • Rental Property Investor
  • Indianapolis
Posted

One lender told me for the 7th residential mortgage onwards (till the 10th one), I have to put down 30% minimum down payment and I must have 740 credit score...Is it true? If it is, what would be the alternatives? (Seller financing, commercial loan etc...??)

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