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Updated almost 5 years ago,

User Stats

85
Posts
19
Votes
Yannes Chiang
  • Rental Property Investor
  • Pasadena, CA
19
Votes |
85
Posts

So diificult to find multifamily loan < $500K

Yannes Chiang
  • Rental Property Investor
  • Pasadena, CA
Posted
Hi everyone, Need help! I find it extremely difficult to find a bank/credit union providing <$500K multifamily loan in San Anatonio TX. Most of them rejected me by saying they only do commercial multifamily loan no less than $1m. The ones saying they can do will only do 6% or higher interest rate, with 1 point fee. Can you please share with me the loan officer who will do this kind of loan? I’d love to talk with them! Thank you so much !!!

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