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Updated about 4 years ago on . Most recent reply

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19
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Lucas Rodrigues ferro
  • Investor
  • Greater Lansing, MI
7
Votes |
19
Posts

How to find the right lender ?

Lucas Rodrigues ferro
  • Investor
  • Greater Lansing, MI
Posted

Hello BP,

I live in Baton Rouge, LA and I am looking for my first deal using the house hacking strategy in a multi family.

I have a score of 720+ and so far I got pre-approve for $250,000 with 3% down for SINGLE FAMILY ONLY.

The fact that I can't find a local lender that lets me use FHA loan for multi family is a LA thing ? should I change my strategy or keep looking ? Any piece of advice would be appreciated.

Thank you in advance.

Lucas

Most Popular Reply

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1,489
Posts
746
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Raymond J. Rodrigues
  • Lender
  • Miami, FL
746
Votes |
1,489
Posts
Raymond J. Rodrigues
  • Lender
  • Miami, FL
Replied

@Lucas Rodrigues ferro that sounds like a lender overlay with the current lender that you're working with. Feel free to send me a message and I can refer you to someone in the area that allows multi family financing with FHA loans.

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Helm Mortgage Corp
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