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All Forum Posts by: Kyle Chuang

Kyle Chuang has started 2 posts and replied 6 times.

Post: 6.7% 30 year fixed DSCR loan

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2
Quote from @Kevin O'Brien:

Hey all,


got a bit of sticker shock at 6.7% 30 year fixed with 5 year pre payment penalty. Prior loan was done literally a month ago at 5.5% and 3 year pre payment. Is 6.7% really market rate now? Plenty of experience already, great credit and property cash flows fantastically. I was hoping for like 6%. 

Kevin,

If the loan is over $3MM, probably around the mid-4 % range now and I may be to help.

-Kyle Chuang, CCIM, CHIA

Post: Impound Account Cancellation Question

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2

Tatyana,

I came across the post about impound account.  I am a mortgage banker in Burlingame, CA.  6 months to close a loan sounds very long.  If you have any questions about refinancing rental properties and/ or look for a right loan program, please feel free to ask.

*The loan to value ratio is typically lower for the rental properties than the primary residences.

Best,

Kyle Chuang

Post: Escrow Agent for Note Sales

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2

Hi Mike,

Have you considered using a Bailee?  It seems to be what you look for.

-Kyle 

Post: Arizona Forum - SF Networking Summit Connections

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2

Post: Note Conference Convention Recommendation?

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2

Hello All,

I am new to the mortgage note industry, and would like to know if anyone would be kindly recommend any good note conference convention?

Best,

Kyle

Post: New Member in San Francisco/Silicon Valley Bay Area

Kyle ChuangPosted
  • Banker
  • Burlingame, CA
  • Posts 12
  • Votes 2

Hello everyone,

I am a real estate investor in San Francisco/Silicon Valley Bay Area. I look for experienced wholesalers, investors, and any real estate related professionals to network with. I am a cash buyer and actively look for good rehab/value added residential RE opportunities in the bay area.

I am also a mortgage banker with specialty in portfolio loan lending. I would like to help other investors with my mortgage background.

Wholesalers and Realtors are welcome to reach out to me and add me on your buyer's list. I look forward to growing and be helpful with other pros in Bay Area.

Best,

Kyle