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Updated about 7 years ago on .

User Stats

38
Posts
6
Votes
Lucien Gautreau
  • Pensacola, FL
6
Votes |
38
Posts

10% Down Loans - Alabama / East Coast

Lucien Gautreau
  • Pensacola, FL
Posted

Hey All! 

Just wanted to reach out to all of you that have experience in the Alabama / East Coast markets. I've recently been dealing with a lender on the west coast that offers Owner Occupied Loans for 3.5% down and also do Secondary Home loans for 10% down.

However, I now have a Duplex under contract in Birmingham and did the final inspection last week and I was looking to secure funding, then my current lender told me that they don't service the State of Alabama. :/ 

Does anyone know any smaller local or bigger banks that would offer the same type of loans? I'd like to stick under 20% down if possible. Such as 15% or ideally %10.

Any help would be appreciated!! 
Thanks!!