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Updated about 9 years ago on . Most recent reply

User Stats

34
Posts
5
Votes
Connor Williams
  • Delray Beach, FL
5
Votes |
34
Posts

Income Verification Loan

Connor Williams
  • Delray Beach, FL
Posted

Just a quick question maybe that you guys could maybe answer because Ive been searching and can't seem to find an answer.  Currently working with someone on getting a loan on an investment triplex...  It would be a income verification loan being that myself and my father are self employed.....  He took his tax returns and 24 months of bank statements and said he can get us a loan for the property for 4.5 for conventional and 6.5 for investment property... Isn't 6.5% kind of high, even for an investment triplex?

Most Popular Reply

Account Closed
  • Investor
  • Princeton, TX
1,080
Votes |
1,900
Posts
Account Closed
  • Investor
  • Princeton, TX
Replied

@Ned Carey  I am with you.  If he can get 6.5%  I hope he forwards all the contact information for the bank.

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