Which are the best banks/lenders for my 5th SFH purchase?

[Jil Tin]

I live in San Jose Bay area, already own four SFH properties with 4 loans+one HELOC.

Planning to buy one more SFH for my primary , down 20% or 25%, leaving current primary as rental unit. I leave this rental I have excess positive cash flow around $700/month after expenses.

The new purchase contract is just above 1 M and I am pre-qualified/pre-approved by bank of america leaving current primary as rental. Whatever I understand, BOFA is slow and complex in loan processing.

There are some restrictions, I heard lending beyond 4 homes.

What are the good banks I can approach for 5th home purchase?

1. First Republic

2. Union Bank

3. Bank of west

4. east west bank

5. Any other lender

Can you review, based on your experience, which is better?

Thanks in advance.

[Naveed Q.]

@Chris Mason