ASK MIKE MONDAYS - What do lenders look for when approving an apartment loan?

Published: March 6, 2017, 6:55 p.m.

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70% of the lending decision is based on the building operations (historical and future) and 30% is based on the sponsor (liquidity, net worth, past ownership experience of apartments) Listen to Michael explain what\\u2019s important in apartment financing.

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