Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Turned down for Refi -- Where should I look for lender?
I was turned down by my current lender for a refi-loan on my condo due to the following reasons.
- 35% of the units are owned by a single investor (this needs to be under 10%).
-only 31% of the units are owner occupied or second homes.
- 25% are past due on the condo dues. (Not a big deal not as most are only like 20 days out.)
- Rental - commercial property.
Where should I look to find a lender to handle a deal like this in WI?
Thanks!
Casey