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Updated over 4 years ago on . Most recent reply
Investment prop-Conventional lenders???
I'm looking for lenders who'll do conventional financing on investment properties. Does anyone know which lenders will do that? I've submitted inquiries online to a few different lenders who supposedly do, but they have not responded to me at all. I have funds, solid employment and excellent credit. Qualifying is not a problem, I just don't know if this is something many lenders will do. I've financed many homes, but not many rental properties.
What is typically the minimum LTV, and the minimum loan amount required?
If anyone has any experience or knowledge in this, I would appreciate it so much.
Thanks!
L
Most Popular Reply
@Cameron Tope I do have a credit union membership, but their rates are higher so I haven't really tried to pursue it. I can look into it to see what the terms would be.