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Updated almost 9 years ago on . Most recent reply

User Stats

87
Posts
9
Votes
Mike Bicho
  • Investor
  • Westport, Ma
9
Votes |
87
Posts

Local bank or mortgage bank or mortgage broker

Mike Bicho
  • Investor
  • Westport, Ma
Posted
Hi BP, Looking for input on type of lender to work with. I'm looking to buy multis (2-4) units and single families. I will be using a $350k HELOC for the purchase and rehab. I can then with hold or flip. If hold, I want to finance. I met with a local bank on the residential side. Initial rates look good. I'm also wondering if I should shop mortgage bank lenders and mortgage brokers. Any advice on type of lender and specific mortgage banks/brokers to contact. Properties are in MA. Thanks, Mike

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