Lenders for new investors

[Roy Conney]

Who are the best lenders for new investors and why?

[Joshua Baker]

Hey @Roy Conney!

As a Mortgage Broker I can tell you from a conventional funding angle your best options starting out are both small banks/credit unions and mortgage brokers but for different reasons. The small bank/credit union you bank with may be able to get you some solid deals if you’ve banked with them for an extended period of time. A mortgage Broker will be able to find you a great deal while only pulling credit once, and will typically (not always) have significantly lower fees than a bank and will be able to offer more lender credit toward closing usually.

I’m not a lender in your area, but can answer general questions if you have any; feel free to message me!

Thanks