Refinancing out of state

[Sam Bannister]

Hey folks,

   So I bought a couple inexpensive houses (around $45K) in another state. If I were to refinance where would be my best bet? I understand that typically mortgages aren’t done for less than $50K (appraisal may be higher at this point), but I’m at least close enough. I’d assume local banks where I live would be less likely to write a mortgage out of state and local banks to the property would be less willing to write a mortgage for an out of state investor. Is my best option to go to, say Suntrust or Wells Fargo?