Updated about 9 years ago on . Most recent reply
Suggestion for investment mortgage
BP Experts,
I am a newbie here! BP is incredibly informative forum. I am looking to buy investment property in NH (home state) and Southwest FL. I need some help with the following:
1. What is the best scenario - use same lender for both getting mortgage in both the states or work with individual lender in local market or go to big bank national lenders?
2. How to shop for the best rate. I have already spoken with local credit union (got the preapprovals) but neither the best rate nor very investment mortgage friendly. I tried but it has become very time consuming to randomly pick online lenders and go through the process with each.
What is the best process to seek the lender with good rates without too many mortgage inquiries on my credit report. A description or even a link to already discussed topic would help.
3. Help finding good lenders in NH and SW FL who provide investment property friendly rates/service.
Would really appreciate guidance on this.
Thanks
Guru K