Getting a Loan in Vail CO September 2022
Posted by Jeffrey Cloonan on Wednesday, October 5, 2022 at 4:34 PM
By Jeffrey Cloonan / October 5, 2022
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Getting a Loan in Vail- September
Although there are a ton of cash transactions in Beaver Creek and the Vail Valley, one doesn’t have to pay cash. You can get a competitive loan rate right now. An example, a buyer just closed a 1.65 million property, which was a condo tell. Many lenders in cities will not lend on a condo tell. However, the local lenders know this product and they don't see the risk involved in a condo tell so they will fund on it. The client went under contract to funding and closing in 19 days with First Bank and I have to. It was a win win for both the buyer and seller.
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