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Updated about 2 years ago,

User Stats

38
Posts
35
Votes
Sandy Metivier
  • Rental Property Investor
  • San Francisco, CA
35
Votes |
38
Posts

commercial lender need to be in the same state as the property?

Sandy Metivier
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi… I have a 6-unit in Cleveland OH that I own in full, and now I’d like to seek a cash-out refi commercial loan/mortgage. Does the lender need to be in the state the property is in (Ohio)? (Oh, and I live in CA).

I’m also open for any tips for where I should start, or lender recommendations.

Thanks in advance!

-Sandy

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