Landlord Coffee Talk Episode 2
Landlord Coffee Talk Ep 2: Navigate Loan Resets | Master the Transition: Fixed ➔ Variable Rates ☕
Join us for another insightful episode of Landlord Coffee Talk as we sit down with special guest Gil Figueroa, a seasoned expert from First Commercial Capital. In this episode, we delve into the intricacies of resetting loans and discuss what landlords need to be aware of when their fixed rates are set to transition to variable rates within the next 2 years.
🔍 Key Topics Covered:
*Will my mortgage rate double with the current interest rates?
- Am I required to pay my loan down if I do not meet the lender's debt ratio requirement after the reset?
- Will I be blacklisted with the lender if my loan does not meet debt ratio requirements after the reset?
*Will rates continue to climb up?
🚀 About Our Guest:
Gil Figeroa is a respected expert in the finance industry, specializing in multiunit lending. With years of experience, he brings a unique perspective to the challenges landlords face during loan resets.
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📧 Connect with us:
For inquiries and future topics, reach out to ms@remaxcir.com
TEXT YOUR QUESTIONS TO: 626-650-9547
Guest Speaker:
Gil Figueroa
First Commercial Capital, Inc.
14241 E. Firestone Blvd.
Suite 400
La Mirada, CA 90638
Gil@Firstcommercialcapital.com
Direct: 562-754-5626
Office: 562-293-4076
Efax: 562-381-8501
