5% Down on Multi-Family Properties! Latest Mortgage Guidelines Explained

LivXplore - Real Estate & Lifestyle

Don't miss this game-changing episode of Rates and Rants, recorded the week of November 13, 2023! Join hosts Sean Payne and Isaiah Chass, along with mortgage expert Stuart Broughton from Sonoma Mortgage Group, as they dive into the latest breakthrough in conventional mortgage guidelines. Big news for aspiring property owners: now, you can purchase multi-family residences (2-4 units) with as little as 5% down, a significant shift from the previous 15% requirement. This episode is packed with insights on how this new guideline can open doors for buyers and investors alike. Whether you're looking to break into the property market, expand your investment portfolio, or simply stay updated on mortgage trends, this discussion is tailored for you. Tune in to learn how to leverage this new opportunity to your advantage and navigate the world of multi-family home purchases more effectively.
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