As a Mortgage Banker I have people with up to 10 financing.

I can also talk with a banker friend of mine and get his perspective.

would I talk to my banker, and if so, what department, collections?

If the institution, credit union, mortgage banker, big banker(Citi, Chase), plan to sell this paper to FNMA/FHLMC then they'll have to adhere by the guidelines mentioned in this thread in order to become marketable on the secondary markets otherwise the institution risks originating a mortgage that is unsellable or has to sit on the warehouse lines to season for 6-12 + months before it can be sold on the scratch and dent market for far less than if it had been underwritten or originated correctly.Those are some of the complexities the banks have to deal with however there are options that arent so strict.

The best book in my opinion on self-directed IRAs is "IRA Wealth" by Patrick Rice, who has 30 years experience with Pensco Trust, a respected custodian out of Florida.See Private Banker Concept here http://equity-university.trustetc.com/library/gene...

Rates moved substantially lower in the week with the average 30-year loan for conforming balances ($417,000 or less) down a very steep 9 basis points to 3.90 percent.DefinitionThe Mortgage Bankers' Association compiles various mortgage loan indexes.

@Bill Vaughn  Actually Bill I am a NMLS licensed Mortgage banker.. so I am up on the rules. when you talk about fix and flip well of course .. most can do that.. with no license'sbut again not a blanket statement..

Multifamily Borrowers Beating a Path to Banks Apr 22, 2014 - CRE News Bankers appear to be of two minds when it comes to the hot multifamily market.

Stick with a nationwide broker or banker who can fund investment properties everywhere you're looking.

My banker says 5-8% is good for my area based on his multifamily loans.