Updated over 3 years ago on . Most recent reply

Commercial lender with high LTV
Hi all,
Does anybody know of a commercial lender that will give 85% LTV or higher? I'm only finding 75% at the moment and that is a significant down payment on most larger multifamily properties. I'm looking in OH, IN and TX.
Cheers,
Justin
Most Popular Reply

75% loan to value (LTV) is as high as I've seen advertised, once you give them a property most come in at 70% or under, has to be the perfect deal to get that 75%. If a lender is saying they can give you 85% or 90% LTV, they are getting LTV and LTC (Loan to cost) confused.