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Reload this Page Apt Complex in MI - 50% LTV
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Old 07-19-2007, 10:43 AM
brokerintheskye brokerintheskye is offline
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Apt Complex in MI - 50% LTV
C/O REFI
650K appraisal
50% LTV
MI
30 Units - 24 rented on average for 6 yrs
Poor Credit (Under 500) - due to medical
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Old 07-19-2007, 12:15 PM
CommLender CommLender is offline
Newbie at a desk in the hall
  
Join Date: Jul 2007
Posts: 4
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Skye,

Give me a call at 800-916-6526. We are a commercial lender and I have a couple of sources for your client. He will be looking at Hard Equity only due to credit and the rates will be in the 12-13% range with 3-5 points. If this works give me a call.

John D'Amato
President
Nationwide Mortgage Lenders
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Old 07-19-2007, 12:52 PM
brokerintheskye brokerintheskye is offline
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Are your sources in house?
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Old 07-19-2007, 12:54 PM
CommLender CommLender is offline
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Yes, we are a direct commercial lender.
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