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Updated over 5 years ago on . Most recent reply

User Stats

73
Posts
48
Votes
Jake C.
  • Rental Property Investor
  • Chicago, IL
48
Votes |
73
Posts

C-class Landlord friendly Bank in Chicagoland?

Jake C.
  • Rental Property Investor
  • Chicago, IL
Posted

Hi all,

We are shopping around for a new bank, hoping to find a better fit than our current relationship with BMO Harris.

Was hoping some of you local landlords can point me in the direction of some banks that will be a good fit for a C-class landlord like us? Most of our properties are 1-4 units with a smattering of commercial as well almost entirely in South and West Sides (no suburbs).

I don't really care about the size of the bank but, ideally, we would find a bank that has:

  • - Great customer service
  • - Competitive fees
  • - Highly functional online platform (and services that can help reduce overhead, like remote check deposit)
  • - A willingness to at least entertain lending to an operation like ours (long term financing and potentially some operating lines)

Any ideas/intro's would be greatly appreciated!

Thanks!

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