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Getting a loan - Posted by mike3367
Posted by mike3367 on June 21, 2004 at 19:23:35:
was wondering with my middle fico score being 590 low fico score is 552 what would my chances of getting a 65 ltv loan with out any of my money in the loan. this would be on a commercial property
Re: Getting a loan - Posted by evo
Posted by evo on June 24, 2004 at 02:50:10:
what is the loan amount?
Re: Getting a loan - Posted by john bruno
Posted by john bruno on June 21, 2004 at 21:42:48:
Mike,
Ask yourself: Would I lend any money on commercial property to anyone without any money at risk? Obviously, from your statement, the seller will hold 35% as a second on a commercial deal. Many commercial lenders/funders do not permit seconds on top of their 1st initially.
Curious for others to talk about their experiences. Anyone?
Re: Getting a loan - Posted by Judy Millsaps
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