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Do you offer a hard money or stated stated or no doc commercial loan for apartments at 85-100% financing

by cjbrigham109 from Fresno, California. Jun 21st 2015 Reply


William J Acres (William_Acres)
#75 ranked lender in Arizona - 8,728 contributions

This loan will never happen.. typically, commercial lenders are going to require 30% or more down, and require you have sufficient reserves on top of the down payment.. The only time i have ever seen a lender do this type of loan is when a borrower has a long term relationship with a given lender and has done multiple loans with the same lender and is going back for another.. but aside from this rarely seen exception, you will need much more down payment if your considering getting this property. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jun 22nd 2015
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