Under contract, loan company is trying to bait and switch, looking for a new lender.

[Rob Austin]

I'm under contract for a duplex in Indiana ($84,900) DSCR of 1.7

I paid for the appraisal upfront, and as soon as it came in, the loan officer is attempting to switch the loan from 85% ltv to 70% LTV, and raise the interest rate.

I'm looking for a new lender who is willing to use the original appraisal that came in today and offer 85% LTV with 7.5% interest as I was originally quoted.

Ready to sign and close right away.