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Updated about 7 years ago,

User Stats

90
Posts
26
Votes
Roberto Costa
  • Rental Property Investor
  • Norfolk, VA
26
Votes |
90
Posts

Have deal, need financing options

Roberto Costa
  • Rental Property Investor
  • Norfolk, VA
Posted

So I have been using local FCU in Norfolk, VA to do my deals (buy and hold). 10% down and rates were 3.25%. Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program.

I have found 1 big bank that will let me buy 15% down as well as 1 local broker who offered similar deal.  Anyone knows anyone else that is willing to finance at no more than 15% down?  Rates I'm being offered are in the 5's, so just looking for a better deal and to begin a lasting relationship with so I can continue to grow.  Currently have 3 properties under my name.

My next deal is here and I figured I give it a shot here before going with my current lender.

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