Best Apartment Building lenders - Posted by maarifa roho

Posted by Tom-Pa on October 09, 2003 at 09:00:18:

E-mail me with your phone number and I’ll give you a call.
Tom

Best Apartment Building lenders - Posted by maarifa roho

Posted by maarifa roho on October 06, 2003 at 15:52:32:

I am looking for a loan on a 50 unit building in Pa… Which lender would you recommend?

Re: Best Apartment Building lenders - Posted by Essadi Financial, LLC

Posted by Essadi Financial, LLC on October 07, 2003 at 11:55:17:

Hi Maarifa,

Defiantely look at Interbay Funding Interbay Funding,(877) 207-6099 x 6171.

Maplewood Office Park II
1301 Virginia Drive Ste 403
Fort Washington, PA 19034

Re: Interbay - Posted by Les

Posted by Les on October 08, 2003 at 10:30:13:

Interbay is good if you need to go Stated Income/Stated Asset for you personal finances; but you’ll still need to document financials for the property.

Their rates are good for a stated program, but high if you can go full doc. Their LTVs are conservative, but they do allow CLTVs to 90%.

Their maximum loan amount is $800,000.

And, I believe they’re strickly a wholesaler, so you’ll need to go through a broker.

Les