Hey BP community,
I'm a new investor based out of Massachusetts that is in the process of choosing a loan officer and mortgage provider to obtain pre-approval for my first investment property. However, I have a few questions about the process that I hope someone can help me out with.
Has anyone heard of CrossCountry Mortgage or HarborOne? I'm deciding between lenders and want to know the criteria for choosing a good loan officer/mortgage provider? This would be my first deal, and I want to make sure I develop the right relationship initially that I can keep moving forward.
Any advice would be greatly appreciated!
I've never heard of Cross Country but have done business with Harbor One. Originally a credit union in recent years they've converted to being a commercial bank. They are based in Brockton and are looking grow. I did a construction loan with them, it went along very well and they now hold the mortgage on my house. BDunn
Depending where you plan on purchasing (if its a low income area) you can get a 10K grant using BOA