If you are looking to get financing for property, you may be looking to find loan officer
Look for 90% financing
If you are interested in a home or a residential lot that will be inexpensive, you may find that banks are less willing to offer a loan. This could be that they feel the property isn't worth the amount of money that they will make off of the loan. Some banks may only be interested in assets that bring in a specific amount of money over time. For this reason, seek out a bank that will offer you 90% financing or above. Though most traditional loans will ask for 20% down, for a
Work with an officer who specializes in small loans
If you want to have an easier time finding a small mortgage, you will need to find a loan officer who has been through this rodeo before. Look for
Ask in low cost neighborhoods
If there are neighborhoods within your city that sell homes that are at or under the $75,000 mark, this is ground zero for finding the information that you need. Ask around in the neighborhood for banks that offered inexpensive loans for less expensive houses. Ask for specific loan officer names to be sure that you will be connected to someone who can give you a low cost, low amount mortgage.