Will I be approved for a Non Owner Occ loan with 5% down?

ready4change

New member
I have excellent credit, but not a huge down payment available. I'm wanting to buy an investment property within the next six months. (I already have a condo that I'm living in) How tough is it to get a loan, or do I need more than 5%? I'm in Cali, but I dont know if that matters. I'm going to apply in a couple of months, I'm just curious as to what I can expect.
 
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