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Updated over 7 years ago on . Most recent reply
Please suggest portfolio or mortgage lenders in Charlotte, NC
Hello!
I need some advice, I currently have a conventional loan for my primary residence. I am looking to buy a rental property, possibly a fixer upper. What type of financing should I go with if my credit is over 720 and I currently have a conventional loan for primary mortgage. Please suggest portfolio lenders in Charlotte, NC.
Thanks in advance,
Mike L.
Most Popular Reply
Jerry Padilla
#5 Classifieds Contributor
Lender
#5 Classifieds Contributor
- Lender
- Rochester, NY
You can purchase with a rehab loan to cover the expenses. There are 2 types for an investment property. The HomeStyle Renovation loan on does 1 unit properties and the EZ-C Renovation loan will do 1-4 unit investment properties. I am glad to provide you with more info on these products.
- Jerry Padilla
- [email protected]
- 585-204-6923
PrimeLending
478 Reviews
4.8 stars