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tammyc

3 Posts

Posted - 08/04/2008 :  2:04:08 PM
Is there any commercial lenders that do loans with CLTV's 90% (seller 2nd's)anymore?
mcmoney

313 Posts

Posted - 08/04/2008 :  2:18:01 PM
SBA can handle as little as a 10% injection from the borrower. It will increase if the property is special use or if the borrowers are light on experience.
tammyc

3 Posts

Posted - 08/04/2008 :  2:41:05 PM
Okay, thanks Mark!:0)
ComLender

1266 Posts

Posted - 08/04/2008 :  4:24:22 PM
We can do 90% CLTV on conventional deals, and SBA deals when applicable. Please call or e-mail me to discuss.
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