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Updated about 2 years ago, 09/24/2022
Conventional Financing on STR Property in North Carolina?
Hey folks -- I'm looking for a lender who has 'conventional' financing (income verified) products available in North Carolina. Most lenders/brokers I'm talking to only offer DSCR products -- and I'm hoping to get better terms.
Anyone have a lender/loan officer who has products in that vein and is able to underwrite properties in North Carolina? (Second home, income-verified, 30 year fixed rate 15%-20% down -- purchase price at $450k or below).