Looking for investor friendly mortgage broker in Massachusetts

Looking for investor friendly mortgage broker in Massachusetts

Investor · Harvard, MA · Member since 2011 · 25 posts · 9 votes

Looking for investor friendly/savvy mortgage broker in Massachusetts.   Particularly interested in 30 year fixed conventional financing for 2 to 4 family investment properties.

Looking to possibly get 2 mortgages on 2 different properties in the next 2 to 3 months.   One property is in Rhode island, the other will probably be in Massachusetts.

It's possible that one of the properties may need some work, and ideally would be able to roll in some of the rehab costs into the mortgage.    Looking for the best way to include rehab costs into the mortgage..  Ideally without having to pay closing costs twice.

Hopefully looking to avoid calling around to a lot of banks to find the best rates/terms, would rather find a mortgage broker who has different options to choose from.

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  • Real Estate Lender · Newport, RI · Member since 2014 · 182 posts · 33 votes
    11y

    @John B.

    You should be able to get a conventional loan with 25% down since it is a multi family. Also Fannie mae home style can deal with funding cash for repairs. What type of issues are there?

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