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Updated over 4 years ago,
Jonathan BombaciPoster
Property Manager
Agent
Pro Member
- Real Estate Agent
- Lowell, MA
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85% LTV HUD Agency Loans
Has anyone ever done a 85% LTV HUD Agency loan on a big residential building? How complex was it? I hear it is expensive and can take 4-6 months and have some high closing costs but at 3.5% fixed for 35 years it seems worth it. Why is it that so few people use these products?
Hypothetically if you got the seller stays into the property for 10% can you really take down a big asset with 5% down?
- Jonathan Bombaci
- [email protected]
- 978-710-8611
Candor Realty
62 Reviews
4.8 stars