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Updated about 2 years ago on . Most recent reply

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David Yandel
9
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20
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Using big name banks for loans

David Yandel
Posted

Hello BP community! 

I have a question for the group. I am looking for my first investment property and looking in a few areas as OOS investment. I’ve also looked in areas where I visit (I travel a lot) and every time I talk to a local agent the first question is always “do you have pre approvals?” I have no fears in getting a bank approval, and it down payment is not an issue either. My question is, when buying a home, do most here use big banks for loans? Or is there a better option to finance? 

Thanks

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