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Does anyone know of a reputable lender that will give mortgages from 25-45k with little money down? I am looking to purchase an investment property, and can put down 20% if needed, but obviously would prefer to keep the cash to use toward rehabbing the property. Any leads would be appreciated. My scores are in the low 700s, and I will be buying in Michigan.
I believe Wells Fargo is doing these loans without much adjustment to the interest rate. Some other lenders have big markups for the lower loan amounts.