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Updated about 8 years ago,
David ZhengPoster#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
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Do Banks look at the downpayment or LTV on your other properties?
Hey All!
Just a quick question. When applying for a new loan, do mortgage lenders or banks look at the LTV or how much you forked over as a downpayment on your other rentals/primary or do they just care about Monthly payments and total Loan Amount?
Thanks!