Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 06/27/2016
Bank Loans
What are some nationally known banks that are lenient with their loans?
Chris Soignier
#5 Coronavirus Conversation Contributor
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
- 607
- Votes |
- 1,016
- Posts
Chris Soignier#5 Coronavirus Conversation Contributor
#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
None. Start w/ smaller community banks. They're less likely to sell their paper, which means it doesn't have to conform w/ any underwriting standards other than their own.
@De Andre' Little you are basically looking for lending institutions that can warehouse their own paper.
Having said that, you would only need those types of lenders if you are looking to hold properties for a long time. Anything short term, I would contact local hard money lenders.
CLOSED Title
|
Sponsored
CLOSED Title is the Investor Friendly Title Company CLOSED Title, founded by real estate investors. Double closings, assignments, we do it all.