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Company Loan Type APR Est. Pmt.

One property different lender loans........

Posted on: 21st May, 2009 10:41 am
For one property shall we apply for two diferent lenders?
Is it possible?
what are you driving at sunil?
Posted on: 21st May, 2009 10:47 am
Why would you consider submitting to multiple lenders for just one property? You should never "double-dip". I hope we can help...
Posted on: 21st May, 2009 10:51 am
"For one property shall we apply for two diferent lenders?
Is it possible?"

what's the benefit? Are you referring to the two lenders primary and secondary?

It is possible that one can opt for two lenders but both of them should be aware about the fact and the equity also has to be determined.

keep in touch! :arrow: :arrow: :arrow:
Posted on: 21st May, 2009 11:00 am
why not make it a threesome while you're at it?
Posted on: 21st May, 2009 12:53 pm
Wow...George must be starting his long weekend early with a cocktail !
Posted on: 21st May, 2009 05:50 pm
inform both the banks about other loan.
Posted on: 22nd May, 2009 08:32 am
thanks for the laugh, eric. i did have a little wine with dinner yesterday (better than a little whine).
Posted on: 22nd May, 2009 09:49 am
I just want to confirm that 1st loan is primary loan on property ans second one as form of modification loan from other lender.
So Is it possible?
Posted on: 22nd May, 2009 10:26 pm
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