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 Search for: Construction to perm over 80%LTV in Florida.
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Oz99999

8 Posts

Posted - 08/14/2008 :  12:10:42 PM
Is anyone out there still offering over 80% financing for a CP loan in Florida. Fifth Third was my last outlet and they cut max LTV to 80% last Thursday. I have strong ties to two custom homebuilders but those relationships are going to dry up if I can't get over 80%. I am not looking for hard money, just conventional one time close CP. Typical borrowers are over 700 ficos, full doc, but often need 90%-95%. Does this still exist or am I hung out to dry?
lukeallison

1409 Posts

Posted - 08/14/2008 :  12:30:50 PM
We still have it. Please call me if you have questions.
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