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Updated about 1 year ago on . Most recent reply

User Stats

8
Posts
0
Votes
Raul Sandoval
0
Votes |
8
Posts

Need pricing for the following loan scenario

Raul Sandoval
Posted

Happy New Year! Looking for a home for the following...

California

2 unit residential Investment property

$5,000,000 purchase price

Borrower can document income

80% LTV or higher

765 fico

Most Popular Reply

User Stats

430
Posts
130
Votes
Alex Hunt
  • Lender
130
Votes |
430
Posts
Alex Hunt
  • Lender
Replied

Hey Raul, is the property rent ready or needs repair? Does the borrower own any other rentals?

These are some of the questions that will affect rate, LTV. Are they more rate conscious or LTV?

I sent you a message so don't feel like you need to answer here!

business profile image
MicroManage Mortgage

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