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Updated about 4 years ago,
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