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1 September 2021 | 2 replies
I have a rental that is financed on a conventional loan at 5.65%.
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1 September 2021 | 2 replies
This is much better than conventional where you’d need 20-30% down.
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1 September 2021 | 2 replies
Conventional LTV is 95% so 95% of the $300k appraisal value is $285k.
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1 September 2021 | 3 replies
Refinance into a conventional mortgage and use the proceeds to pay off the HELOC.2.
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1 September 2021 | 1 reply
Interest rates are about 100 bps higher for commercial vs conventional loan, all else equal.
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1 September 2021 | 1 reply
Did you factor in the estimated $4k-$5k in closing cost as I assume you are doing conventional financing?
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6 September 2021 | 12 replies
You claim you can’t qualify for a conventional loan now.
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26 December 2021 | 10 replies
At least, not at conventional rates/terms.
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7 September 2021 | 7 replies
If you find a deal but no financing, then how do you purchase it; however, many lenders (hard/private/conventional) will not agree to lend to you unless you have a deal.