Is 100% financing available on multifamilies in San Diego, CA?

Question

I know the subprime mortgage crisis has made lenders more cautious about their mortgage approvals, but do you think you can still get 100% financing on multifamily (homestead)?

Answer 1

Highly, highly unlikely even on 4 or fewer units. No on structures with more than 4 units.

Answer 2

Probly not. they are cutting out grant programs and 100% financing because of the crisis. The most you can get is 97% and thats FHA but you will have to come out of pocket with a 3% down payment.

Answer 3

Nope, not going to happen.