Credit Union Or Local Bank Referral

[Ike Okwerekwu]

What's the best credit union in Atlanta to help with funding deals with a personal loan and build a long term relationship? I am a pharmacist with great credit looking to partner with a reputable investor-friendly credit union. Any referrals would be greatly appreciated!

[Josh Bowser]

Ike - I'm with Doug on this one.

Credit Unions / Local / Regionals are great if you have a pre-existing relationships. However, lots of CUs and Locals are requiring you to keep deposits with them if you want a loan - typically around the 10% mark. Thus, your 20% down + fees just became 30% down + fees in a sense.

Mortgage brokers job is to find you the best rate / terms.

If you're interested to get in contact with investor focused mortgage brokers I'd be happy to make some intros