Community Banks in Seattle, Washington
Has anyone had success with community banks in the Seattle area? I'm a new investor and am currently investigating different financing options to prepare for my deals. I have a mortgage broker that I've used to both purchase and also refinance different houses and met with him yesterday to discuss my options. He didn't seem to think there was any additional benefit to getting a loan directly from a community bank, especially in terms of the best rates.
I'm primarily looking for financing options (outside of hard money lenders) for my flips. I have have good credit with a good steady income, but I want to use as little of my own cash as possible. It didn't seem like my mortgage broker could help me much with flipping loans since he loses his commission (and has to pay an additional fee) for any loans under his name that are paid off or refinanced within 6 months. I was hoping perhaps the community banks in Seattle would be able to provide some unconventional/creative ways to finance for my flipping loans.
Thank you in advance!