If it's a residence, meaning house, condo, 1-4 Units, etc.. then yes.. you can go as high as 80% LTV, although most lenders price much better at 75% LTV or lower.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. 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. 480-287-5714 WilliamAcres.com
Many, but not all, lenders will allow up to 80% financing on investment property, depending on the factors the buyer brings to the table. Better scores and lower debt servicing ratios help in your pricing. Work with a local Mortgage Banker/Broker rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950
Good Evening. We can offer a 85% LTV on a Single Family Investment Property if that is something of interest. Also, for any 2-4 Unit Investments, the Maximum Loan To Value will be 75% in most cases.
There may be one or two lenders who will do that at standard rates, but not sure who they would be.There might be some who would go to 80%, but they would be wanting a premium on the interest rate. You should expect about 1.5-3% above standard rates - and it would probably be non-standard other items as well.
Yes you can. please feel free to call me at 631-559-3586. I am very local to you . I can be reached up till 10pm fory our convenience.Thank you Joy GoldbergAccurate Capital Corp
Yes you can, please feel free to call me. I am very local to Commack. I can be reached at 631-559-3586 till10pm daily.Thank youJoy GoldbergAccurate Capital Corpjoy@accuratecapital.com
We will go to 75 LTV give me a call at 855 411 LEND - Peter Savino - NYLOANMAN@aol.com
the 75% investor program is available. however, the lenders evaluate other information. you will have to show enough income to carry both properties. current mortgage history on your property. if you are going to include present rental income, you will have to show rental payments going into seller's account. if there will be a new lease you will have to show the deposit into your account prior to closing. please e-mail me if you have any further questions. gary schneider
75% financing available. See sources on this forum.
Maria,I assume that you have a ITIN which denotes that you are like you said, you are in the country without permission to work and could be subject to deportation, which as you know is why most lenders will not give you a loan. However, unlike the other lenders, I actually do know of two lenders in North Carolina who makes loans for people with ITIN and verifiable income sources. Both are credit unions. One lender is located in Raleigh while the other is located in Durham. Both lenders will require at least a 5% down payment and will require 2 years of in state residency and verifiable work history and a credit score greater than 680.Drop me a line if you can meet those requirements and I will put you in touch with a loan officer from both places.Best of luck,Ricardo Cobos919.526.0183Mortgage Loan Officer extraordinaireNMLS 120651
If it is a 1-2 unit property (non-condo) you should be able to find an 80% loan easily.
I can go as high as 80% LTV. Sun National Bank is a Federally Chartered Bank who can lend nationwide. To better help you, I would like to see your financial situation. Please send me the following information for all borrowers:1. 1 Month of current pay stub's2. 2 Year W-2 Income Statements3. 2 Year 1040 Federal Tax Returns4. 2 Year Business Tax Returns5. 3 Months of current Bank Statements (if you own a business)6. Copy of Drivers Licenses Please forward them to:James Mazzola8 Matthew AvenueKendall Park, NJ 08824jmazzola@sunnm.com or cornoil@comcast.netIf you have any questions, please do not hesitate to contact me:(O) 973-805-4107(C) 732-501-4249(F) 732-951-0629Thank you,James Mazzola
Yes, you may possibly go to 80%loan to value (LTV) - you will want to contact a local lender including a community bank that does business in the area of your purchase-Hope this helps,Good Luck,Pete
75% Loan-to-Value, check with someone on here that is licensed in the state you which to purchase in. I'm licensed in MA & RI.
Yes for up to 4 units, 75%LTV & in some cases 80% is available however, you must have supporting credit and income to qualify.
Yes, but it depends on credit score and debt to income. New york is not in my footprint but if the property is in VA, MD, DC, NC, SC,GA or PA give me a call. 757-390-7303. Or apply online at www.vbhomeloans.com
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