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Updated over 3 years ago,

User Stats

49
Posts
27
Votes
Alex Mora
  • New to Real Estate
  • Portland, OR
27
Votes |
49
Posts

What to consider when shopping for home loans?

Alex Mora
  • New to Real Estate
  • Portland, OR
Posted

Hey BP family, I am in the process of filling out loan applications to get pre-approved for my first duplex investment that I will be living in, out here in Portland, OR.

I wanted to get a different perspective from other investors on what to consider when shopping around for home loans.

Ultimately I plan on buying the property with an FHA loan to help with not having to put to much down upfront, while also eventually moving out on year 2 and pulling out some of the equity on the property through a HELOC or a REFI down the line.

If anyone can give me some sort of guidance on what to look for, I would appreciate it very much or if you happen to be able to recommend a bank/credit union that would be helpful as well !

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