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Updated about 3 years ago on . Most recent reply

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108
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Justin Pumpr
  • Oakland, CA
40
Votes |
108
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Commercial lender with high LTV

Justin Pumpr
  • Oakland, CA
Posted

Hi all,

Does anybody know of a commercial lender that will give 85% LTV or higher? I'm only finding 75% at the moment and that is a significant down payment on most larger multifamily properties. I'm looking in OH, IN and TX.

Cheers,

Justin

Most Popular Reply

User Stats

276
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282
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Andrew Bang
  • Lender
  • Texas; Arizona
282
Votes |
276
Posts
Andrew Bang
  • Lender
  • Texas; Arizona
Replied

75% loan to value (LTV) is as high as I've seen advertised, once you give them a property most come in at 70% or under, has to be the perfect deal to get that 75%. If a lender is saying they can give you 85% or 90% LTV, they are getting LTV and LTC (Loan to cost) confused.

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