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Updated over 6 years ago on . Most recent reply

User Stats

603
Posts
130
Votes
Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts

Any better alternatives to LendingOne for refinancing ?

Adam Craig
  • Investor
  • Cleveland, OH
Posted

I have used LendingOne to refinance my last 5 deals using the BRRRR strategy. They have really been great to work with and have pretty decent closing costs and rates. But they have a 6 month seasoning period before I can refinance and we are rehabbing/renting houses in 2-3 months.

Has anyone used any non bank lenders to refinance they can recommend? 

Most Popular Reply

User Stats

2,367
Posts
746
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
746
Votes |
2,367
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

You can refinance under delayed financing exception if you spend cash to buy that property. You do not have to wait 6 month. Mostly lenders has 6 month waiting period before you cash out if you purchase property with HML.

  • Harjeet Bhatti
  • Loading replies...