Posted by Anthony - OH on September 24, 2001 at 12:52:44:
I would be interested in knowing which wholesale lenders might give 25% LTV.
Thanks
Posted by Anthony - OH on September 24, 2001 at 12:52:44:
I would be interested in knowing which wholesale lenders might give 25% LTV.
Thanks
Land loans - Posted by JoeS
Posted by JoeS on September 19, 2001 at 15:53:27:
Question for Ed or anyone else…who does vacant land loans, either purchase or re-fi? Thanks in advance.
Re: Land loans - Posted by Ed Garcia
Posted by Ed Garcia on September 20, 2001 at 10:14:48:
Joe,
In most cases, land is financed by the seller.
For a lender to look at a land loan, they would look at it at 50% LTV if it’s in a metropolitan location. If it’s out in the boonies, 25% Tops.
Ed Garcia