Financing in California City : Advice

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David Zucker…, Real Estate Pro in Frederick, MD
David Zuckerman answered:
Urgent, what is the requirement for Fannie Mae HomePath property financing?
Nate, with the HomePath loan program there are four designations for available financing, which are the standard HomePath (non-renovation) only, HomePath or HomePath Renovation at the b ... more
0 votes Share Flag Tue Mar 1, 2011 Financing in California City
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
can you help me if my fiancee can finance with FHA loan?
Consider visiting any qualified loan officer(s), after reviewing your overall finances and credit, he/she can make a determination as to qualification, the type of loan and how much--th ... more
0 votes Share Flag Fri Dec 17, 2010 Financing in California City
Rob Spinosa, Real Estate Pro in Mill Valley, CA
Rob Spinosa answered:
Anyway I can put 10% down for a four unit investment property with good cash flow on a mortgage?
Nate108,

The short answer here is "no." For multi-unit investment properties these days, the down payment requirements are all greater than 10%. As you may or may not kno ... more
0 votes Share Flag Fri Dec 17, 2010 Financing in California City
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