How to Finance a Land Purchase Now that you know what a traditional lender will offer, it s important to know other options you have available to finally make your purchase. First and foremost, the loans above will require a 20% – 50% down payment. If you want to secure financing using another avenue, the following options are available:
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Beachside Apartments is a 28-unit multifamily property comprised of two, two- and three-story apartment buildings with 42 parking spaces. Hunt Mortgage Group provided a $1.3 million Fannie Mae loan to refinance Beachside Apartments, which is located in Daytona Beach, Florida. Loan terms are a 10-year term and a stepdown prepayment.
HUNT Mortgage offers a variety of home loan options to meet your needs including fixed rate mortgages and specialty loan programs such as FHA and VA. HUNT Mortgage has the knowledge, integrity and experience to guide you through the entire process.
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QuickLiquidity is a Direct Lender & Preferred Equity Investor for Commercial Real Estate Nationwide. We invest on a nationwide basis with investments from $1-10 million in all commercial property types.
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Hunt Mortgage Lends $114M Fannie Mae Loan Against San Francisco Apartments "The national non-bank commercial real estate lender Hunt Mortgage Group provided a Los Angeles-based real estate owner.
Government-backed Multifamily Mortgage Loan Requirements. Government-backed multifamily financing is a little more lenient than conventional due to lower credit minimums, but you will still have strict requirements regarding income documentation, cash reserves, and credit history.
Most mortgages are bundled together and sold into a secondary market, where investors technically own them. If Fannie Mae or Freddie Mac placed your loan into the secondary market, you can contact the.
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Tallahassee, Florida Student at Florida State University College of Law Law Practice Education Florida State University 2012 – 2015 Master of Science (M.S.), Urban and Regional Planning Florida State University College of Law 2012 – 2015 Juris Doctor, environmental law georgia institute of Technology 2006 – 2010 Bachelor of Arts (B.A.