Do you know if mortagage available for 90% LTV investement home ?

Asked by pandeyrj, San Ramon, CA Fri Jun 17, 2011

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4
Gregorio Den…, , San Diego, CA
Fri Jun 17, 2011
HomePath properties are available for investors at 90% LTV after the "first look" period has elapsed. For more information, visit http://homepath.com
Web Reference:  http://WeFixRates.Com
1 vote
Scott Butcher, , Austin, TX
Wed Jun 22, 2011
Agree with Gregorio, the drawback is that Homepath is only available for Fannie Mae owned properties. So if you can find an Fannie Mae REO that works for you, then great, if not, then your looking at putting 20-25% down with conventional financing.

Good luck.
0 votes
Dallas Texas, Agent, Dallas, TN
Fri Jun 17, 2011
Best contact a mortgage broker complete loan application continue process based approval

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
0 votes
Michael Abram, , Los Angeles, CA
Fri Jun 17, 2011
Hello Rp,

Typically, any investment is going to require 20-25% down, depending on the loan amount, property type and other related items. I don't know any lenders offers loans with MI that high for investments. If I can be of further assistance, please let me know.

Michael Abram
First Capital Mortgage
NMLS #235060
Direct: (310) 434-1718
Mabram@firstcapitalmtg.com
0 votes
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