All Forum Posts by: Roman M.

@Dave Skow

True but the interest you end up paying is more if your loan is amortized for 30 years instead of 15.

@Thomas Perrie

Thank you for your input, will get in touch.

@Dave Skow

Yes, I am glad I found this program. Unfortunately they don’t offer it for 15 years, only 30.

@Dave Skow

The interest rate for this type of loan is around 5.5%, with a minimum of 20% down payment. Credit score 650+.

@Dave Skow

I was trying to get financing for a 15 yr fixed rate. I was able to find a lender that will finance up to $175k with a bank statement program.

@Dave Skow

I already did that, this is why I am trying to get help on the forum. The 2 lenders I spoke to would approve me for only 22500$ amount, 15000$ from my income and 7500$ which represent 25% of the mileage deduction. Any other thoughts?

@Chris Mason

I am interested in a 15yr fixed rate loan.is this option available?thanks.

@Justin Windham

The pricing here makes more sense than Denver for sure.

Hello, I found I deal I would like to purchase but need some help finding financing. Does anyone know someone who would lend me to purchase a triplex with 20% down if my income as self employed is 65000 -20000 company fees -30000 mileage deduction with a home take pay of $45000/year? Is there any loan that would meet my criteria with a lower interest rate or my only option is to find private lending? The purchase price for the property is around $180k.

Thanks.

@Justin Windham

Thank you for your input. I am purchasing properties near the medical center and near the SAT. Your friends are investors, agents or renters?