is it possible to get 100% financing on an investment home loan?

Asked by Lowdownpayment, 20748 Mon Apr 18, 2011

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4
Mack McCoy, Agent, Seattle, WA
Mon May 16, 2011
I'm not sure that would qualify as an "investment" . . .
0 votes
Scott Butcher, , Austin, TX
Mon May 16, 2011
Agree with Gregorio. Your basically looking at 20% down for an investment property with the lone exception being a Homepath Investment property loan (must be a Fannie Mae owned property for Homepath though).

Tom - I don't know of many 'generous' private lenders, unless you generous means offering 60% LTV at 12% - 14% interest rate!

Good luck.
0 votes
..., , Lexington, MA
Fri May 13, 2011
Only from a generous private party - not from a bank.
0 votes
Gregorio Den…, , San Diego, CA
Mon Apr 18, 2011
No, the best you can do is 90% and only on a property that qualifies for HomePath financing; otherwise you will need 20% down. (Note that putting 25% down saves you 1.25 points in fees, but is not a requirement for investment properties)
Web Reference:  http://TripointMortgage.Net
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