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All Forum Posts by: Scott Miller

Scott Miller has started 16 posts and replied 571 times.

Post: Price and loan help

Scott MillerPosted
  • Real Estate Lender
  • Posts 642
  • Votes 13

I can answer half your question (and the other half if I knew more information)...

The max. LTV for commercial lending is 90; the max CLTV is 95 (with a seller second).

Feel free to contact me if you have any further questions.

Regards,

Scott Miller

Originally posted by "Dustin07":
Makes sense I suppose! so if the going rate on a mortgage is 5.5-6.5%, then what could a person expect on commercial?

I'm assuming 30% is still the expected minimum down?