Hey all - looking to see if anyone in Huntsville AL (or nearby) has had any success finding lenders who are a little bit unconventional. I've got a property rented out that is still "seasoning", but I really want to yank the cash out now w/ a refinance and also lock in the rate while they are so low, but conventional loans don't allow this until 6 months of rent is proved out. Does anyone have a lender they use that can bend this rule? I am thinking I want some kind of portfolio loan where the lender isn't just selling the loan off to the secondary market. I don't know what I don't know here - so any help is much appreciated!
It's also not a requirement that the lender is based in Huntsville, I just figured most lenders for something like this would be a local player typically.
