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Updated about 7 years ago on . Most recent reply

Account Closed
  • Los Angeles, CA
11
Votes |
33
Posts

Investor Friendly Credit Unions/Lenders - LA/OC Area

Account Closed
  • Los Angeles, CA
Posted

Hello BP, 

Long-time lurker, infrequent poster. 

I'm getting closer to pulling the trigger on my first deal pretty soon; after months of due diligence, I'm pretty set on a single-family rental in college towns in California. Securing funding has been an issue for me, mainly because coming up with a 25% down payment in a market like California is costly. And, since the rental is an investment property, I can't go the FHA route due to occupancy guidelines.

With that said, I am looking for some investor-friendly lenders. I've heard great things about credit unions (Wescom, Navy Federal, etc.) but I'd like more information/advice. 

I have a strong W2 income, virtually $0 in debt, a high 700's credit score, and a decent amount of money in the bank to show for it. 

Thanks all!

Most Popular Reply

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1,152
Posts
378
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Melvin List
  • Lender
  • Tampa, FL
378
Votes |
1,152
Posts
Melvin List
  • Lender
  • Tampa, FL
Replied

@Account Closed

  • Melvin List
business profile image
C2 Financial

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