Philadelphia Mortgage Lender - Credit Union or Community Bank

[Michael Duggar]

Any suggestions for a credit union or community bank in the Philly area? I am looking to buy a property in Philly under an LLC, rehab it and rent it out. Also, I live out of state.

I would like to be able to purchase the home in the name of an LLC and also if at all possible include the rehab costs in the mortgage. Is that possible? Some of the big banks I spoke to seem fine with me buying as an individual and transferring to my LLC but generally do not want to give a mortgage for an investment property under $100K and also do not want to allow rehab costs in the mortgage. I was even told they would send an appraiser to determine if they would issue the mortgage to me as an individual but that they are very strict on investment properties and have even disqualified people because the home was missing carpeting. This seems rather strict considering the purpose was to buy a home in not so great condition and fix it up. Any input would be appreciated.