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#292497 - 05/28/09 07:14 PM Any conventional financing available at 20% for investments?
Cool guy Offline
Major Contributor

Registered: 06/30/04
Posts: 1995
Loc: California
I want to buy some properties as investments. I've seen down payments from 25 to 35 percent. I was wondering if there's anything at 20 percent.

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#293456 - 06/04/09 11:07 AM Re: Any conventional financing available at 20% for investments? [Re: Cool guy]
Greg Phillips Offline
Mortgage Professional
Veteran Member

Registered: 01/26/05
Posts: 1372
Loc: Lancaster, Ohio
Yes. Very few offer it. Unfortunately when you go 80% the adjustments get worse and the loan becomes non-profitable.

In other words it is out there but unprofitable so most do not even offer it. Fannie Mae charges too much.
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