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Updated almost 4 years ago on . Most recent reply

User Stats

6
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1
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Max Kimmel
1
Votes |
6
Posts

Best Lender for Rental Properties

Max Kimmel
Posted

Hi,

For my first rental property, I got a mortgage from Aimloan. I liked them because they were very transparent with their interest rates and fees, and had tons of loan options to choose from.

However, due to the pandemic, they now only offer loans on houses above $200k, which means I need to find a new lender for my next property. Does anyone know any banks with low-interest rates/fees for rental properties under 100k? I plan on putting 20% down.

I'm still unsure what location I'm going to buy in, so the more states they cover the better. However, if there's a clear top option that only services in a specific geographic area I can try to focus my search in that area.

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