How to get a loan on a house less than 50k? – BiggerPockets – How to get a loan on a house less than 50k? 24 Replies Log in or sign up to reply. but then I found out loans under 50k are almost unheard of.I got a couple of problems. My first home loan many years ago was 7.5% or so for a 30 year fixed with very good credit. My parents had one in the.
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How can I finance a <$50K home? : personalfinance – Housing How can I finance a <$50K home?. Some lenders probably won’t want to deal with you for under 50k loans, but in a place where you can buy decent homes for that, you can probably find mortgage lenders willing to do the business. Worst case, you may have to do non-conforming and pay a.
The Small Loan Problem – Mortgage Professor – Home mortgage lenders prefer to avoid these problems by setting minimum loan amounts, which today are generally in the range of $50,000 to $75,000. Below $50,000, mortgage loans are generally not available.
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