Small holds in St Louis. Need bank referral

Mortgage Brokers & Lenders
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Small holds in St Louis. Need bank referral

Mike Bonn
Member since 2019 · 23 posts · 19 votes

Are there any recommendations for banks that lend on small property holds in the St Louis area.

Thanks

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  • Nate HerndonPro Member
    Lender · Springfield, MO · Member since 2023 · 277 posts · 195 votes
    2y

    Hi Mike, how small are you talking? Are these current rental properties?

    One of my favorite programs can finance property values down to $75,000 - however, I've had exceptions granted for clients with lower values as long as the loan amount stays above $50,000.

    [email protected]417-605-2196
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  • Hardy Vibert
    Rental Property Investor · Los Angeles, CA · Member since 2017 · 124 posts · 31 votes
    2y

    @Mike Bonn

    Jonathan Taylor

    323.389.5340

    Feel free to reach out to Jonathan, I’m sure his company can fund, and if not he can point you in the right direction:)

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  • Mike Bonn
    OP
    Member since 2019 · 23 posts · 19 votes
    2y
    Quote from @Nate Herndon:

    Hi Mike, how small are you talking? Are these current rental properties?

    One of my favorite programs can finance property values down to $75,000 - however, I've had exceptions granted for clients with lower values as long as the loan amount stays above $50,000.


     These are in the $30k range with value in the $40k ranage

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