Current state of real estate lending - Covid19 Recession

[Joseph Weisenbloom]

Been a whirlwind few weeks here with everything going on. I wanted to ask the lenders out there and those investors looking for loans what is the current state of real estate lending? Rates are low but are lenders making loans? Conventional and nonconventional loans?

Real estate runs on loans so if the lending market is drying up that seems to be indicator of less available buyers, lower housing prices and lower demand in many markets.

P.S. Im not looking for a loan just trying to keep my finger on the pulse of the market.

[Jay Hinrichs]

from what i am reading here on BP  Non QM investor loans are seeing some of the major players Pause / stop for now.
Jumbo loans seem to have really tightened the criteria leaving few who could qualify it seems like There is no question of lending tightening up here in the short term..  probably going to have to hunt harder for those willing to do non owner occ
and credit scores will need to be very good and LTVs will get lowered.  so more cash will be needed.

for now I think the days of super high leverage are coming to an end for some number of months.

CASH will be important ..