Comments on: The Building – Part II: Fannie Mae Strikes Again http://www.dennisfassett.com/2008/05/30/the-building-%e2%80%93-part-ii-fannie-mae-strikes-again/ Cash Flow Real Estate Investing, Training, Coaching, and Consulting Thu, 24 Feb 2011 23:50:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: BrianK http://www.dennisfassett.com/2008/05/30/the-building-%e2%80%93-part-ii-fannie-mae-strikes-again/#comment-25 BrianK Sat, 31 May 2008 14:21:20 +0000 http://dennisfassett.com/?p=87#comment-25 I wonder if by the time they sort through the process you'll be hearing: "No Problem! – a 70% LTV is a slam dunk." I swear that things are out of control. It's like everyone wants to back their LTV ratios down to hard money levels. And hard money lenders seem to be pretty much gone. They check credit now and are talking 55% LTV. I don't know of ANY true "equity based" hard money lenders. I've got a guy right now that needs one. I wonder if by the time they sort through the process you’ll be hearing:

“No Problem! – a 70% LTV is a slam dunk.”

I swear that things are out of control. It’s like everyone wants to back their LTV ratios down to hard money levels. And hard money lenders seem to be pretty much gone. They check credit now and are talking 55% LTV. I don’t know of ANY true “equity based” hard money lenders.

I’ve got a guy right now that needs one.

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