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Updated over 4 years ago, 06/18/2020

User Stats

67
Posts
37
Votes
Michael Reilman
  • Rental Property Investor
  • Cleveland, OH
37
Votes |
67
Posts

Recommended Local Lenders in Cleveland Area?

Michael Reilman
  • Rental Property Investor
  • Cleveland, OH
Posted

Hi All,

Can anyone refer a local long-term lender for the Cleveland area? The criteria I am looking for is as follows:

1-4 units
Asset value or ARV = $100,000 or less
Loan at 80% LTV, so $80,000 or less (could do 75% LTV)
30 year fixed, IO available (can discuss) 
Rentals, ideally fully occupied at refinance
No seasoning required
Open to portfolio loans

I am covered on the higher end of this ($100,000+) but need help on the smaller end. We can discuss requirements and limitations. 

Thank you! 

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