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Updated over 5 years ago,
Who are the aggressive/creative lenders in Albany/Capital Region?
Hi everyone,
I am looking at multifamily rentals in Albany and have been calling around to local banks and credit unions to get a feel for what lenders are doing in the market. It seems like most banks would have to stretch to get to 75% LTV and a 25 year amortization. Is anyone doing 30 year amortizations on commercial loan products? Or 80% LTV?
I'd love to talk to any lenders or commercial mortgage brokers who are on BP and active in the area!
Thanks!