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Financing in 92115 : Real Estate Advice

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Activity 2
Mon Apr 7, 2014
creid answered:
As a loan broker, we charge a sliding scale for front end documentation ($2K to $10) depending upon complexity. And a sliding scale on the back end as well of 1 to 3 points. It all depends on the type of loan and the ammount. Mezzanine and Hard Money Loans are more expensive than simple mortgages or lines of credit. Loans of under $500K are going to be more that loans of a $1M or more. If you have more than two (2) business entities; its going to be more due to creating composite documentation. How prepared you are for the process makes a difference in the fees. ... more
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Fri May 25, 2012
Gregorio Denny answered:
You are not going to find financing on an F-1 visa because you cannot work in the US on that Visa. Foreign National financing may be available but not for someone on a student Visa. If your current lender has a program for you, you should take that offer. ... more
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