Which bank do you USE?

[Account Closed]

Good late afternoon to all my Los Angeles people! 

I am sure I am not the only one who is pondering this...

Which small bank whether it be credit union, community bank, or private lender have you found to give the best investor friendly programs geared towards SFR's? I will be inquiring about all programs offered to best leverage my money, but my main focus will be on REFI's for 2-4 Years.

I will be searching today on google and calling around. If I find a lender that I like that does not end being in this thread I will post my results. 

Thanks! 
Side note - weren't we supposed to get hit with El Nino 2.0? Instead all we got was a humid heat wave? 

[Phil Hong]

Hi @Account Closed

I have mortgages with 3 different banks for 3 different properties. I originate all my loans through a small mortgage company and then they immediately turn around and sell it to another bank. It works out great because their underwriters understand investment properties and look at more than just my w-2 income. Once they sell my loan it frees up their capital and they are ready to do my next loan.

One piece of advice I can give is skip the big banks. They tend to look at your w-2 income and not at rental income. 

Good luck!

Phil