Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Jose Guzman
  • New to Real Estate
  • Chino, CA
1
Votes |
12
Posts

I have a dream... lenders lend.

Jose Guzman
  • New to Real Estate
  • Chino, CA
Posted

California dreamin'? Do CA lenders exist for first time buyer/investor? We've (the wife and I), been trying to find lenders in California to help us start our REI career. What are ways to approach a lender and dissuade them from the stigma of, "first time buyer/investor" and help us with funds?

Sinopsis:

1. 720 credit score

2. $0 in reserves

3. $20K DP

4. Work for BNSF; railroad conductor

5. Need a home for family

6. Need to get out of “rat-race” ASAP

7. Oh, and I live in Southern California

Gracias.

Most Popular Reply

User Stats

607
Posts
331
Votes
Dylan Vargas
  • Rental Property Investor
  • Chico, CA
331
Votes |
607
Posts
Dylan Vargas
  • Rental Property Investor
  • Chico, CA
Replied

@Jose Guzman Welcome! If you are buying a home to owner Occupy the home this is an easy one. Do you have a local Credit Union? Try a mortgage broker. You are an easy fist time home buyer so unless there are other issues like 1 month on the job you are good to go for owner occupy home. @Chris Mason can help I would think. Good luck and keep us posted.

  • Dylan Vargas
  • Loading replies...