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Updated over 4 years ago, 06/18/2020
Recommended Local Lenders in Cleveland Area?
Hi All,
Can anyone refer a local long-term lender for the Cleveland area? The criteria I am looking for is as follows:
1-4 units
Asset value or ARV = $100,000 or less
Loan at 80% LTV, so $80,000 or less (could do 75% LTV)
30 year fixed, IO available (can discuss)
Rentals, ideally fully occupied at refinance
No seasoning required
Open to portfolio loans
I am covered on the higher end of this ($100,000+) but need help on the smaller end. We can discuss requirements and limitations.
Thank you!