I think my bank is trying to pull one over on me, please help?

Answers:0   |   LastUpdateAt:2012-09-19 21:41:03  

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jackk
Asked at 2012-09-19 21:41:03
I just went and applied for a loan with my business partner , our company is one Corp s so the bank needs our personal finances to make a decision . Both my partner and I have good credit and debt to income ratio is good . The loan is for an apartment building of 12 units in good condition , with 4 units currently rented for 300 a month a piece with 4 other units ready to go . The sale price is 59.900.00 MedlinePlus MedlinePlus Now , with everything put together and considering that I have had many loans opens and closes with this bank , and interest rates are returned with my bank this agreement MedlinePlus MedlinePlus 10 year loan with 15 percent down and the interest rate to 6 1/2 percent MedlinePlus MedlinePlus 10 years sounds ridiculous to me , and the interest rate is too loud . Does anyone have an opinion? Moreover , this is not a big corporate bank , this is a small town bank . thank you
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