Does anyone know of a lender who can do conventional financing for land?
The loan amount is $1.5M.
Here is what I am trying to beat:
-15 amortization (client would like 20 if possible)
-rate is Pime minus .25-.50
...
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Hope everyone having a great weekend!Any recommendations for events/conventions geared toward Multifamily? Would love to attend one next year.Thanks in advance!
What are the the pros and cons of using FHA vs conventional 20% down? Can you switch from FHA to conventional to avoid PMIs in the middle of the loan term?
My wife and I are looking at a 4 unit property and are going to live in one unit. We can put together the 20% for the conventional but in looking at the deal or lender is very certain he can get an FHA loan on it. Is ...