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Updated over 9 years ago on . Most recent reply

User Stats

3
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0
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Linh Nguyen
  • Real Estate Investor
  • Salt Lake City, UT
0
Votes |
3
Posts

Looking for Commercial Loan Lender in Salt Lake City, Utah

Linh Nguyen
  • Real Estate Investor
  • Salt Lake City, UT
Posted

Hello BiggerPockets members,

I am looking for a portfolio local credit union or bank that can close on a commercial loan in 2 weeks. To make the long story short, the current credit union that I am working with, they are turning their back on me and can't do the loan the way I want near my closing deadline. Because of this, I don't have much time left. I am looking for someone that can do a 10 year term commercial loan on a investment property near the U campus at 75% - 78% LTV for 25 years amortization. The lender needs to be able to process the loan in-house and use some of my equities to back the loan. I would love getting in touch with someone who is expert at this. Please e-mail me if you or your colleagues think that you can help. I greatly appreciate any advises, comments from forum's members too.

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