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Are there loans out there for mortages under 40K?

  • August 16 2009 - Detroit
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Answers (3)

My mimum is $25,000 but anytime a loan amount is below 100,000 the rate will be slightly higher.
  • December 29 2009
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The lowest mortgage you will likely find is $25,000. I just checked this amount recently with a local mortgage broker who has one or two sources that will do such an amount. [content removed for being self promotional]

Kay Pearson, CRS
Associate Broker
Real Estate One - Max Broock
[content removed for being self promotional]
  • August 17 2009
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Yes, but you will probably have to go with a local bank. The big boys don't like playing with numbers that small.
  • August 16 2009
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