Every lender is different.. but for most it's going to be $50,000 or above.. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893
Large banks like Wells Fargo generally like handling mortgage loans under $100,000 and their mortgage division consultants are compensated for their workon small mortgage loans from origination of the loan to overseeing the loan to the final closing.
Depends on the lender, but most will be +/- about $60,000 for standard mortgage loans (30-yr fixed, etc). This is because government rules make it difficult to lender under this amount. Home Equity loans are different if that is what you are looking for.
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