Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

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!

Loading replies...