Mortgage Lending Banks/Rates in Rochester

[Gabriel Abud]

Anyone have any luck finding a lender that offers 80% LTV and at least 20 year terms for loans (variable is okay) for investment multi-family properties? My bank just switched their rates from 20 years to 15 years for loans under $50,000 and so I need to look elsewhere, as that is a pretty drastic change. I'm in Rochester, and not against online or non-local banks.

[George Taylor]

@Gabriel Abud 20 years and 75% is going to be about the best you can find nowadays unless you have a very large network of partners like us. Still going to be very difficult to find the 80% and yes, @Shawn Ackerman nationwide under $50k.