Posted by Ed Garcia on December 27, 1998 at 20:12:56:
Craig:
You are asking for a Mortgage Banker.
What you need is a Mortgage Broker. Big difference. You shouldn?t
have any trouble finding a Mortgage Broker in New York.
Also a good Mortgage Broker can find you many different types of
loans, that can accommodate your needs.
Versatility in financing is paramount .
A National lender you can use is Countrywide, which has both a (A)
and a (B) programs. Another lender to use is North American, which
has a 90% LTV on None owner occupied properties.
Another National lender to use for (B) product is BNC Mortgage.
A good Mortgage Broker will have some hard money or equity
lenders in their arsenal as well.
Now it?s your turn to go to work Craig , your business counts on it.
Ed Garcia