Sjonesu, Home Buyer in Philadelphia, PA

Can I finance a rental property in Phila with a fico 648? What is the minimum amount and percentage down?

Asked by Sjonesu, Philadelphia, PA Sun Jun 15, 2014

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2
From my experience, that score should be good to purchase. You will likely need 20% down.. because it will be a considered an investment/second property.


Daniele Seldomridge- Realtor
PA- RS313075
Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster, PA 17601
717-669-7894 cell - CALL OR TEXT ANYTIME
717-560-9100 office
dsel@homesale.com
0 votes Thank Flag Link Tue Jun 17, 2014
It's a little more complicated than just a credit score. We have the Trident Group in house that can help you get approved for a loan and I can help you find a property. Feel free to contact me--I am reachable via cell or email at any time.

Sandra
--
Sandra Hazeltine, REALTORĀ®
BHHS Fox & Roach, RealtorsĀ®
Center City-Rittenhouse Hotel
210 West Rittenhouse Square
Suite 406
Philadelphia, PA 19103
Mobile: 609.618.4119
Direct: 215.875.3357
Office: 215.546.0550
Fax: 215.546.9781
sandra.hazeltine@foxroach.com
0 votes Thank Flag Link Mon Jun 16, 2014
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