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Updated over 1 year ago,
Cannot find a lender. Please help!
Hey all,
I’ve been having an extremely hard time finding a lender for my situation. I have 3 properties that are owned free and clear however the values are less than $75,000 each which most lenders will not do a portfolio loan on. I would think there would be a lender some where that would since the houses sell for under $75,000 on average. I’ve tried contacting local banks and credit unions however they’re telling me I would have to live in the state which I do not. Any advice or help would be appreciated.
Thank you!