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Are there lenders who do very small loan mortgages?

I'm looking at buying an investment property. I don't want to borrow against any equity in my primary home. And I don't want to use my personal assets. But, I'm looking at properities in the $15000 to $30000 range.

And I'm aware of closing cost issues.

Thanks,

John
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July 28 2009 - Rossville
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Answers (3)

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Most mortgage companies have a minimum loan amount of $25k-$75k. You definately need a bank. Good luck!!
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July 28 2009
Unfortunetly I dont know any. Typically the minimum loan amount with Bank of America is $50,000.
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August 04 2009
Aside from a small local bank, I would say no.
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July 28 2009
 
Related Questions
Are there lenders who do very small loan mortgages?
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Latest answer by Dean Lob
August 04 2009 | 3 answers
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