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Are there lenders who take on small amounts?

I have a property that is halfway through rehab and I need financing to finish the project. My current lender has a $200k minimum loan but this is too much for my property. He told me to look for a private lender that takes on lower amounts. Is this the right path to take? I only need $80k in rehab financing to finish everything. by jiriquez1976 from Clayton, Delaware. Mar 29th 2022 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Minimum loan amounts are common, but $200,000 is a pretty big minimum. Just call around. You'll be fine. I lend in MN WI IA SD ND. Find me at FirstTimeHomeBuyer-MN.com - Cambria Mortgage, NMLS 274132

Apr 1st 2022
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