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We Tell You About The Challenge of Getting a Small Mortgage

We Tell You About The Challenge of Getting a Small Mortgage

Any way you look at it, $100,000 is a lot of money. But in the world of mortgage loans, it’s not much money and the low amount can make getting a loan more difficult instead of easier.

For homebuyers in rural or other low-cost areas, or people buying small vacation properties or refinancing low loan amounts, loans for less than $100,000 can be difficult to get and sometimes impossible from major lenders. …