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Updated over 4 years ago on . Most recent reply

User Stats

61
Posts
109
Votes
Harry Arnold
  • Flipper/Rehabber
  • Hazlet, NJ
109
Votes |
61
Posts

NJ investor friendly bank?

Harry Arnold
  • Flipper/Rehabber
  • Hazlet, NJ
Posted

Hi.

I have 4 rental properties financed through a niche lender. The rate is high, and I want to do a no cash out refinance to lower the rate. I've had the properties over a year, they are all at or below 70% LTV, I have great credit. I haven't used fnma loans in the past, as my income probably wouldn't suffice. I have them all in my llc name, but I'd be willing to change that if required. If anyone knows of a bank that may be helpful, please let me know.

Thanks.

Harry

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