135: The Importance Of Having A Trusted Mortgage Banking Ally

How can you build a good relationship with your mortgage banker? Were your expectations met?

Buying properties and looking for a perfect loan is a big deal. One key player in that process is your mortgage banker. They help and guide you through the process to have a smooth buying process.  Listen in and learn the benefits of having a solid relationship with your mortgage banker!

 

Topics on Today’s Episode:

DUS Lender: Direct relationship with Freddie Mac, Fannie Mae and HUD Loan with no middle man. The power of Berkadia Figure out your loan goals COVID Scare: The impact of COVID on student housing projects Importance of having a good mortgage ally: Above and beyond service Do We have to personally guarantee a multifamily mortgage? Multifamily: Best asset class and best debt in the market Multifamily Asset: They perform well if managed correctly Non performing asset: CAP rate vs Cash flow Powerful aspect in real estate: The ability to tell a story

 

Links and Resources Mentioned:

Berkadia Fannie Mae Freddie Mac HUD Loans - GEC CMBS Lender Non recourse bridge Non recourse construction loan Mom and Pop

 

Quotes:

"Lending world is always changing"- Corey Peterson

"Multifamily is the gift that keeps on giving"- Aaron Moll

"Boom! There's enough money chasing this sector. You can get non recourse on any type of loan that's out there"- Corey Peterson

"Multifamily  is some of the best debt in the market"- Aaron Moll

 

 

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