Will there be an issue with my conventional loan application?
I have a single family home under contract. It's in zone RM 16 in Tampa. The house has two electric meters one for the main home and one for the back of the home. Will this be a problem for my conventional loan application if there isn't an interior door between the two units? by josh smith2 from Plano, Texas. Dec 20th 2022
John Burke (jburke)
#27 ranked lender in Texas - 321 contributions
Hi Josh - No, you shouldn't have any problems at all. Multi unit properties do require a higher down payment when going with a conventional loan. | John Burke | Senior Mortgage Banker | Lending in ALL 50 states | www.yourtexasmortgagelender.com|Stride Bank | jburke@stridebank.com | (877)228-9069 | NMLS# 787231 |
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