Non-bank mortgage servicing companies perform these functions on behalf of mortgage loan owners and guarantors, be they financial institutions, private investors, Ginnie Mae, or government sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac.

There is a nice BP group in the south bay and there are also REI meetups in the area, one of which is hosted by @Johnson H (for some reason the tag feature isn't working on my mac) and is usually held at Whisper's Cafe and Creperie in San Jose.  

They work with Freddie Mac and offer a 30 year fixed on investment properties.

According to my bank, Fannie Mae flat out refuses to fund loans with deed restrictions and Freddie Mac will but you have to meet certain requirements.

The Freddie Mac survey is showing that the average interest for a 30-year fixed owner-occupied loan right now is just shy of 4% with 0.6% of the loan amount in fees and points. 

With HUD (and I would assume with Fannie Mae and Freddie Mac) properties, you won't get them to pay for any deficiencies at closing so you'll have to be prepared to absorb the loss if you want to proceed with the closing.

FYI not all devices will cooperate unfortunately 

@Max Mac PhailI'm in L A and train in creative financing Pm me Best to youBrian

Then you can read it on any of your devices or your desktop browser.

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