Jersey City Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago, 11/25/2019
Local bank to approve mortgage with just exterior appraisal?
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!