Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

6
Posts
0
Votes
Darius Boockholdt
  • Eagle, ID
0
Votes |
6
Posts

Seeking Conventional Financing Advice for Evansville, IN

Darius Boockholdt
  • Eagle, ID
Posted

New investor with excellent credit...looking for financing recommendations in the Evansville, IN area.

I have contacted one local bank based on RE Agent recommendation and they are saying they only do adjustable rate mortgages for investment properties.  My agent is also saying it is uncommon to have 30 year fixed mortgages in the area.  I'm from Idaho and a 30 yr fixed is the norm for investment properties.  Is that not the case in Indiana?

If so, should I consider a larger national bank instead of local?

Any recommendations would be appreciated.

Thanks - Darius

Loading replies...