Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Is anyone else having a hard time working with lenders recently?
Hey everyone,
I am running into an issue I never had before. I used to contact lenders and they would call me back nonstop looking to do business. Recently (last 3 months), I've been through 4 lenders that barely communicate with me. It is like they aren't really looking to work with me. I am buying single families and duplexes in Georgia with a conventional loan and one just told me that his company can only accept 7% investors and they can't even refinance investment properties right now.
Am I just running into bad luck or is there something else going on that I am only now starting to witness?