Center Street Lending

Mortgage Brokers & Lenders
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Center Street Lending

Hai Le
Banker · Miami, FL · Member since 2021 · 37 posts · 11 votes

Good morning, has anybody had experience using Center Street Lending for loans/DSCR loans?

Just want to do my due diligence before proceeding, has good reviews from google but haven't seen any reviews from people on BP. Any help is appreciated.

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
2y

Yes, 

They are alright to work with. There are much better lenders out there with better rates, and terms. 

[email protected]818-269-7983
LuxePrivate Investments LLC 570 Reviews
WebsiteView Page
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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    2y

    Yes, 

    They are alright to work with. There are much better lenders out there with better rates, and terms. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 570 Reviews
    WebsiteView Page
    1Reply
  • Hai Le
    OP
    Banker · Miami, FL · Member since 2021 · 37 posts · 11 votes
    2y

    Who would you recommend for DSCR Loans in NY with decent rate and closing costs? Currently looking at 7.875%-8.375% with $5500 in closing costs with tier 1 credit

    0Reply
  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    2y
    Quote from @Hai Le:

    Who would you recommend for DSCR Loans in NY with decent rate and closing costs? Currently looking at 7.875%-8.375% with $5500 in closing costs with tier 1 credit


    What is the LTV? You can get DSCR in the high 6s depending on LTV, PPP, and Property Type.

    Happy to connect and assist. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 570 Reviews
    WebsiteView Page
    0Reply
  • Hai Le
    OP
    Banker · Miami, FL · Member since 2021 · 37 posts · 11 votes
    2y

    80% LTV, not familiar with the term PPP, it is a tri-plex. I'll shoot you a message and we can connect!

    0Reply
  • Conor Deasy
    Real Estate Consultant · CT · Member since 2017 · 38 posts · 14 votes
    2y

    Hi @Hai Le from Skytree Investments we can be an option to consider on this. 
    We'll need just a few details on the property first before we can give you our specified rate and terms.

    1Reply
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