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Updated about 3 years ago on . Most recent reply

User Stats

25
Posts
22
Votes
Brent Sweet
  • Investor
  • Willard, MO
22
Votes |
25
Posts

Springfield, MO Banking Institution Recommendations

Brent Sweet
  • Investor
  • Willard, MO
Posted

Does anybody have recommendations of a banker that is investor friendly at a local bank in Springfield, MO?  I currently bank with a Simmons Bank, a relatively local bank but I haven't really been able to get to know anybody there as far as my investment strategy and plan because it seems like the personal banker position is a revolving door.  I'm hoping to get my banking into an institution that is local that has someone that is tenured with that bank that I can build a relationship with that can get to know my long term goals and help support them.  The bank I am with just isn't going to be that bank I don't believe unless I just don't know the right person at the right branch.

Any advice would be appreciated.  At this point I can pretty much still go the conventional route.  I have 2 rentals one is in my Wife's name and one is basically an owner/finance sublease type agreement that I am in for so little money no bank will refinance it.  So really the only conventional I have is on our primary home.  I have a preapproval letter from Better Mortgage (an online company) right now for a purchase of $745,000 without a credit check.  That's great that I have the ability for them to fund an investment so I have somewhere to go to get my next place, BUT I don't know what like the next property looks like if we don't have a personal relationship or someone that understands my goals.

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