Credit Unions are key for all states right now due to the banks due process turnover with consumer fees

I met with a local credit union today and they would do a loan 90% of purchase price and rehab costs or 75% of ARV, whichever is lower.

800 and above is in the top 10 to 15 percent of credit profiles nationwide so you should be fine.Just do more research before getting jerky with decisions such as closing accounts.Most lenders will give you the best rates of everything with that score.Is 805 the AVERAGE of Experian,Trans Union,and Equifax??

Also, I have a preservation Company where i manage REO assets for Mortgage servicers/ Banks/ Credit Unions/ RE brokerages.

Have you shopped other banks and credit unions?

They have too much volume.With local banks and credit unions, however, it's a different story.

Im sure its been discussed here before but i havent seen it or maybe have overlooked it,but is their a liimit in deals or how much a credit union will finance you on multifmaily properties or a certain credit score you would have to have...please state your experiences with dealing with a local credit union below please,also would u have to be doing buisness with this bank already

My name is Denise and I'm from Union County NJ.

Will hope on county record this is not a union.If this a union, so you have a own title/deed but you cannot sell your unit without cousin agreement.

We can get 25k for 4.2 at the local credit union but where do you go for larger loans?