820 credit - 2.2m a year - needs 90-95% ltv
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  1. #1

    820 credit - 2.2m a year - needs 90-95% ltv

    I have a merchant who is looking to purchase a 6,000,000 commercial property in Ca. He brings in 2.2 m a year, He has 820 credit and He is eager. He is looking for 90-95 ltv on the property. Can anyone make this happen?

    These type of deals are new to me. Feedback would be greatly appreciated.

  2. #2
    Senior Member Reputation points: 68233
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    90-95LTV is a stretch- regardless of the credit score

    Check out Scotsmanguide.com to find a lender

  3. #3
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    Quote Originally Posted by ClienTELL View Post
    I have a merchant who is looking to purchase a 6,000,000 commercial property in Ca. He brings in 2.2 m a year, He has 820 credit and He is eager. He is looking for 90-95 ltv on the property. Can anyone make this happen?

    These type of deals are new to me. Feedback would be greatly appreciated.
    In addition to Scotsman Guide, I would recommend checking out Koss Resource to find lenders that may provide that kind of leverage, or we can help you source it if you’d like. Kossresource.com
    Last edited by rdgllc; 10-02-2018 at 12:15 PM.

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