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Updated over 1 year ago on . Most recent reply

Raul Sandoval's profile image
Raul Sandoval's profile image
Raul Sandoval
  • Member since Nov 18, 2023
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Raul Sandoval's profile image
Raul Sandoval's profile image
Raul Sandoval
  • Member since Nov 18, 2023
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Raul Sandoval
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Mortgage Brokers & Lenders

Need pricing for the following loan scenario

Raul Sandoval
Posted

Happy New Year! Looking for a home for the following...

California

2 unit residential Investment property

$5,000,000 purchase price

Borrower can document income

80% LTV or higher

765 fico

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Alex Hunt's profile image
Alex Hunt's profile image
Alex Hunt
  • Lender
  • Member since Feb 15, 2022
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430
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Alex Hunt's profile image
Alex Hunt's profile image
Alex Hunt
  • Lender
  • Member since Feb 15, 2022
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Alex Hunt
  • Lender
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430
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Alex Hunt
  • Lender
Replied

Hey Raul, is the property rent ready or needs repair? Does the borrower own any other rentals?

These are some of the questions that will affect rate, LTV. Are they more rate conscious or LTV?

I sent you a message so don't feel like you need to answer here!

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