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Updated almost 15 years ago on . Most recent reply

Wayne Connelly's profile image
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Wayne Connelly
  • Banker
  • from New Orleans, Louisiana
  • Member since Feb 11, 2010
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Wayne Connelly's profile image
Wayne Connelly's profile image
Wayne Connelly
  • Banker
  • from New Orleans, Louisiana
  • Member since Feb 11, 2010
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Wayne Connelly
  • Banker
  • New Orleans, LA
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Creative Real Estate Financing

What are the latest rules for investor loans?

Wayne Connelly
  • Banker
  • New Orleans, LA
Posted

Can anyone sum up the latest guidelines for investor loans, such as required FICO, DTI, LTV, minimum loan amounts, maximum seller contributions, reserve requirements, etc? :roll:

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Ted Harris's profile image
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Ted Harris
  • Real Estate Investor
  • from Portland, Oregon
  • Member since Feb 15, 2009
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Ted Harris's profile image
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Ted Harris
  • Real Estate Investor
  • from Portland, Oregon
  • Member since Feb 15, 2009
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Ted Harris
  • Real Estate Investor
  • Portland, OR
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Ted Harris
  • Real Estate Investor
  • Portland, OR
Replied

A banker friend of mine said ....
"If you can prove you don't need the loan then we'll give it to you." :roll:

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