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Updated over 4 years ago on . Most recent reply

User Stats

152
Posts
90
Votes
Erica Larence-Penna
  • Attorney
  • Rhode Island
90
Votes |
152
Posts

Lenders for Out-of-Country Investors

Erica Larence-Penna
  • Attorney
  • Rhode Island
Posted

My sister-in-law is currently in China for work until the end of the year. She got under contract on a multifamily in OH and the lender is not allowing a POA on an investment property despite telling her she could do so. Are there any lenders who will either allow full e-closings (my company has the platform for this, but some lenders don't allow it) or allow POAs for investment properties?

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