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Updated almost 2 years ago on . Most recent reply

Can I get a Portfolio Loan for 3 SFR spread across two states?
We are looking to refinance three of our rental properties. Two of them are new construction single family homes in North Carolina (Lincolnton, NC & Statesville, NC) and the third one is a renovated single family home in Pennsylvania (Natrona Heights, PA). All are performing.
Couple Questions:
1. Does it matter if the properties are in different states?
2. Can anyone recommend a lender who would do this?
3. Any chance we could throw a parcel of undeveloped land (Dallas, NC) in on the refi as well?
Most Popular Reply

@Matthew Graves- thanks ...very unlikely to find a lender that will do one " blanket " mortgage on multiple properties in different states ....also most lenders will likely not be interested in wrapping land in with sfr properties ...if you locate some options - it will likely be quite pricey