Do you have to put down 20% if you are buying an investment home (to flip) and you are getting your loan from a traditional bank? Is this the standard rate?
Thanks for any help!
Do you have to put down 20% if you are buying an investment home (to flip) and you are getting your loan from a traditional bank? Is this the standard rate?
Thanks for any help!
Each bank will have its own program. You have to call around and find out what different banks want for a down payment on a NOO loan.