Call all small banks and credit unions with in 1/2 hr of this property.

If it sounds fishy, be sure that a lender will want an explanation of your motives.An important fact to consider is that home equity lines of credit (HELOCs) are limited to 80% loan to value (LTV), with some credit unions going as high as 90%.

To be honest I don't want to deal with the big banks, I do have a relationship with a credit union but they don't offer the loan I want like Fha.

Have a bit of screwy situation.I bought my current house using a business loan through my credit union.

I just see myself as someone with bigger goals than just waiting for my Union pension at the end of my life.

In Essex and Union counties I like Maplewood, south orange, rahway, Union, Roselle Park.....so may areas to choose from.What you DON'T want to do is to go into a rental area with a 'rehab to flip to a retail buyer' strategy.

Freelancing pays a lot more if you're properly motivated and since I know most of my friends work history and know that he is a hard worker who has a IATSE local one union card in NYC, that he will certainly be able to afford the payments.

Just go with a local bank or credit union & has to be under 4 loans.The other beautiful thing was the fees. $500 origination fee?

I only bank with locals and credit union.

you'll get differing responses as lenders have differing policies on bonus' how its structured, down payments line of work etc when they calculate your DTI.no idea if your going FHA or conventional either - best way to do it is just go to your local branch credit union and give them your info.