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Real Estate Forum by US Landlord > Mortgage Financing > Home Loan Help > Investors need differing loan terms

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Investors need differing loan terms
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LoriT
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Joined: Mon Feb 13th, 2006
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 Posted: Tue Feb 14th, 2006 12:04 am
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I am a loan consultant and have financed a wide array of investment purchases. I do not believe that is possible. If I understand correctly you are all wanting a property to be divided up into seperate loans with different amortization schedules. Have you sat down with a lender/loan officer and reviewed your options? What state are you wanting to purchase this property in?

Lori Turner

Ballen Mortgage Corp.

lorit@ballenmortgage.com

407-738-2828

pna14141
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Joined: Thu Jan 12th, 2006
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 Posted: Fri Jan 13th, 2006 02:00 am
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My  partners and I want to invest in rental property, but we have different mortgage  needs.  For example, one partner wants an interest only loan, while I  prefer to pay off mortgage debt quicker.  Is it possible for us to obtain individual loans from different lender to purchase a common property, so that each of us has a loan that fits our needs?


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