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Updated about 5 years ago, 11/25/2019

User Stats

10
Posts
1
Votes
Mia Shlomit
Pro Member
  • Investor
1
Votes |
10
Posts

Local bank to approve mortgage with just exterior appraisal?

Mia Shlomit
Pro Member
  • Investor
Posted

Hello, 

I'm seeking a mortgage on a property that was purchased in a recent sheriff sale, property located in Union City, NJ.

I've been assured that that are local banks that will underwrite mortgages even on the basis of an external appraisal (can't get  an internal one because I can't get in the property yet).

Any ideas on which these "local banks" may be?  Even 2-3 names of of potential local banks would be a good start. 

Not looking for hard money, just a regular mortgage from a local bank. 

Thank you!

  • Mia Shlomit
  • Loading replies...