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Updated over 4 years ago,

User Stats

31
Posts
5
Votes
Jimmy Yu
  • los angeles, CA
5
Votes |
31
Posts

Hard time getting investment loan

Jimmy Yu
  • los angeles, CA
Posted

Hi Guys

Is it me or the broker just all of a sudden has gotten more restrictive?? I have my eye on a 3 unit property in CA, and now everyone wants 25% down payment, where are you can do 20% before, is anyone seeing this?

Also a lot of place are cutting their HeLOc origination and placing more restrictive guideline for people getting even a primary loan or HeLOc, how do you guys think this will Impact the market of RE???

If you can get a loan to buy RE you can’t move the fall right??

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