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Old 04-16-2015, 04:56 PM
 
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I understand many mortgage loan companies will not mess with loans for $60,000. or less. They say that there is not enough money to be made from doing the loan. If that is the case where do I go for a mortgage of $60,000.
Thanks
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Old 04-16-2015, 04:59 PM
 
Location: New York
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Welcome to City Data

Try Bank of America, Chase, Citibank, or Wells Fargo
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Old 04-16-2015, 05:03 PM
 
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I've heard that Wells Fargo will go as low as 50k. You might want to check with your local credit union as far as better rates and service.
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Old 04-16-2015, 05:11 PM
 
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Quote:
Originally Posted by wvboycleve View Post
I understand many mortgage loan companies will not mess with loans for $60,000. or less. They say that there is not enough money to be made from doing the loan. If that is the case where do I go for a mortgage of $60,000.
Thanks
I've heard of some banks offering a HELOC for purchase that can be used in 1st lien position.
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