[Myki335]

So my dad and I signed a purchase agreement on this commercial, but mix-use investment property and are now looking for a loan. I was wondering if any of you know of a bank, mortgage broker or credit union that would offer such a loan with a minimum required down payment of 30% or less.

Two months ago, when we first began negotiations with the seller, the down payment minimum at our credit union was 25%, which was great cause that we can afford...BUT, literally a 2 or 3 days before we signed the purchase agreement, the down payment minimum jumped from 25% to 35% with out us knowing, and that's a problem for us because now I don't know if we'll qualify for a loan.

So I was hoping a mortgage expert or someone in that field could chime in and give me some advice on what I could do to get this loan.

Any feedback is appreciated.

Mike

[TunedM2C]

PM me the full details of the transaction.

I originate commercial loans that are getting funded!! Please forward your information. We charge no up front fees to determine if a deal can be funded. Karen