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Do Portfolio Lenders Still Exist?
Are there still licensed portfolio lenders in FL that are experts in the residential multifamily zoned property space? What I mean by that is someone who can do:
-low down (<5%)
-low interest, 30 yr fixed
-no MI (ideally, spends on rate)
-loan size $300-550k
-not FHA! Nonconventional lending.
-owner occupant, 2-4 unit multifamily zoned
Just want to see if my expectations are realistic or not. Do they exist?? I have come into contact with 1 or 2 in other states but it seems less prominent here in FL?
