Loan Recommendation in Iowa

6 Replies

Hi Guys,

I am looking to meet lenders in Iowa that would do a commercial loan with a 25-year amortization with LTV at least above 75%. Does anyone have a contact/bank/lender that they would recommend? Thank you in advance.

Luana Savings Bank did my 6-plex with 25 amort and 22% down. They have 5, 10, 15, 20 year fixed, balloon after. You have to negotiate for anything below 25% down. Call the Polk City office and ask for Brandon Converse.