Canadian Foreign Nationals: DSCR C/O Refi Under $100k Loan Amount

Detroit, Michigan
Mortgage Brokers & Lenders
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Canadian Foreign Nationals: DSCR C/O Refi Under $100k Loan Amount

Drew SygitBusiness Member
Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes

Trying to help some clients reposition their portfolio.

City of Detroit property that won't appraise high enough for $100k loan amount.

If you have loan program, please share max LTV.

Many thanks...

[email protected]248-209-6824
Logical Property Management4.9469 Reviews
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  • Derek BrickleyBusiness Member
    Lender · Ann Arbor, MI · Member since 2021 · 685 posts · 232 votes
    1y

    Hey Drew,

    A few details would need to know, but definitely common.  Feel free to shoot me a message and I can go through some of that for you!

    [email protected]734-645-7722
    Gold Star Mortgage Financial Group547 Reviews
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  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    1y
    Quote from @Drew Sygit:

    Trying to help some clients reposition their portfolio.

    City of Detroit property that won't appraise high enough for $100k loan amount.

    If you have loan program, please share max LTV.

    Many thanks...


     Have you tried Velocity Mortgage Capital? Might be something they can do with a blanket loan. 

    [email protected]818-269-7983
    LuxePrivate Investments LLC 570 Reviews
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