Im looking for a lender or lenders who still do non seasoned and non sourced down payment loans for in Ohio. I know the days of 100% financing (same lender) are almost gone, however, Im wondering if there are lenders out there that do not require seasoned down payment money nor do they care about the source of the funds. Looking at primarily 1-4 unit properties. I have mid FICO scores in the upper 670’s.
You would need to get you’re fico over 700 to do such a loan for primary residence, for investor 720. 10% down(non-seasoned) would be required. If you have 25% to put down than these fico requirements would drop.