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Updated about 8 years ago,

User Stats

351
Posts
80
Votes
Ryan Cameron
  • Investor
  • Philadelphia, PA
80
Votes |
351
Posts

Traditional Lending

Ryan Cameron
  • Investor
  • Philadelphia, PA
Posted

I am looking to obtain a traditional loan for a MFH. I will hit the pavement and stop into a few banks over the next few days.

My question is, why are the loan rates not advertised on banks websites for businesses (or investments) as they are for personal (owner occupied) loan rates? I've been to Bank of America, Citizens, PNC, and TD bank, just to name a few

Also, when I stop into the banks, what questions should I be asking? I am just shopping rates right now.

Any advice would be helpful BPers!