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Updated over 8 years ago,
Lenders in Broward
I am new investor looking for a local bank here in Broward. I am looking for conventional financing for MFH 2-4 units.
I plan on living in one unit and using BRRR method. This would be my first time purchasing a home. From what I understand the home would be in my name and offer very little assets protection. If a bank would allow a transfer to a LLC in the future that would be great however from what I have read that is unlikely. Quiet claim title transfer would trigger an acceleration clause.
I plan on contacting the following lenders for conventional financing. Do local Broward BP members have referrals or experience with the following local lenders in my area (Hollywood florida, Fort Lauderdale .
1.Florida Mortgage Lenders
2.Hunt Mortgage Group
3.BB&T
4.PNC Bank
5.Chase Mortgage
6.SunTrust Bank
7.A&D Mortgage LLC
8.Third Federal Savings & Loan
9.RK Mortgage Group
10.Bank Of America
11. Wells Fargo
- Does a local Broward BP member have suggestions on banks i should contact that i have missed in this list?
Again thank you for any input.
I was not able to find a post related to this topic in my local area but I am still discovering how to use this site.