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User Stats

1
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0
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Commerical Lender servicing MS and AL

Sherron Williams
Posted

ISO lenders for multifamily properties with 11+ units. Only products without balloon payments please.

Looking for

User Stats

3,507
Posts
1,078
Votes
Erik Estrada
Lender
  • Lender
1,078
Votes |
3,507
Posts
Erik Estrada
Lender
  • Lender
Replied
Quote from @Sherron Williams:

ISO lenders for multifamily properties with 11+ units. Only products without balloon payments please.


 Hi Sherron, 

ARM and 30 year fixed options do exist in this space but the interest rate is higher than a traditional commercial loan with a balloon. Happy to connect

User Stats

36
Posts
2
Votes
Keyona Taylor
  • Real Estate Broker
  • Wyoming
2
Votes |
36
Posts
Keyona Taylor
  • Real Estate Broker
  • Wyoming
Replied

Hi Sherron,

Let's connect. I may be able to help.

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User Stats

1,522
Posts
176
Votes
Simmy Ahluwalia
Pro Member
  • Lender
  • Atlanta, GA
176
Votes |
1,522
Posts
Simmy Ahluwalia
Pro Member
  • Lender
  • Atlanta, GA
Replied

@Sherron Williams - yes, fully amortizing loans exist for 11+, as long as they meet the minimum DSCR ratio and each door is a minimum of $50k in value.

User Stats

27
Posts
1
Votes
Tatyana Sherban
  • Lender
  • Westborough, MA
1
Votes |
27
Posts
Tatyana Sherban
  • Lender
  • Westborough, MA
Replied

Hi Sherron,

We lend both in MS and AL. I'd be happy to connect and collaborate with you!

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