Business
Based in Texas, Tony Talamas works for a direct, non-recourse multifamily lender, Hunt Real Estate Capital. Hunt is a one-stop shop / direct lender for Fannie Mae and Freddie Mac mortgages starting at $1 million to over $20 million – nationwide. What you’ll learn about in this episode: How Tony got into lending and financial services, and what roles he has fulfilled in his career in the industry How Hunt Real Estate Capital are one of the only lenders licensed by both Fannie Mae and Freddie Mac What ranges of loan amounts are considered “small balance loans” under Freddie Mac and Fannie Mae Why one of the first steps Tony takes is to evaluate a property and determine if Fannie or Freddie is going to be the better option What Hunt Real Estate Capital looks for in a borrower, and why operating history is an important part of the equation How Tony works to get his clients the best deal possible and to best match the loan terms to the property Why Tony tries to be flexible with the rule-of-thumb requirements he’s looking for, taking circumstances into account when possible What net worth, liquidity and other requirements Tony looks at when evaluating a borrower for a loan, by the numbers What level of experience Tony looks for, and his recommendations for how to show a lender you know what you’re doing How to contact Tony with any questions, or to have him evaluate your needs and determine if Hunt Real Estate Capital is a great fit Notes and changes: Hunt Mortgage Group (HMG) is now Hunt Real Estate Capital (HREC) The minimum loan amount is $1 million. Freddie Mac SBL will now go up to $7.5 million, for up to 100 units, up from 75 units Rates: Recorded December 2017