Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Lubbock, Tx Lenders/Financing
Good afternoon! I've spoken with a few banks regarding their lending practices for single family buy and holds along with rates, and terms. I've had a few get back to me with typical 15/20 year notes between 5%-6% interest with 15%-20% down.
Does anyone have any Lubbock lenders that would favor other strategies of lending? I'm perfectly comfortable with the above rates and terms, but I'd also like other opinions if they are out there!
I've heard about a program through Alliance CU where they will loan up to the ARV of the property.
Thanks!