Curious on your experience shopping mortgages

[William Garcia]

Putting the final pieces together for our first rental property out of state ( looking at townhomes with reasonable HOA's and a growing population)

For the experienced Investors out there, what is your suggestion on the best loan rates -

I depwndent/ regional mortgage lender, go with a Major National bank or go with a local (where the property is located) community bank?

My first option is with my current lender who is a Bank In America 😉 that requires 30% down but that gives me a better rate. I can do the 30% but most others only require 20% maybe 25% for a better rate as well,still on discovery.

While I investigate, what are your experiences and suggestions? Thanks!