Credit union or Mortgage broker/lender recos in Texas

Credit union or Mortgage broker/lender recos in Texas

Member since 2018 · 2 posts · 1 vote

Under contract for a SFH near Dallas.

Looking for recommendations for a lender or credit union that can provide great rates on ARM loans on an investment property.

Credit is good and can put down whatever downpayment is required.

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Real Estate Agent · Dallas-Fort Worth, TX · Member since 2021 · 117 posts · 69 votes
3y

@Olu Fash Not a question that I can answer, but we've used Andrew Postell a bunch and he's always been an excellent resource to start.  Highly recommend looking him up.  He's on bigger pockets.  Good luck and happy investing.

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  • Real Estate Agent · Dallas-Fort Worth, TX · Member since 2021 · 117 posts · 69 votes
    3y

    @Olu Fash Not a question that I can answer, but we've used Andrew Postell a bunch and he's always been an excellent resource to start.  Highly recommend looking him up.  He's on bigger pockets.  Good luck and happy investing.

  • Robin SimonBusiness Member
    Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
    3y

    Hi Olu - I would be glad to help, we are down in Austin (hosting a SFH investor meetup in Dallas on Thursday if you are interested!). I will reach out

  • Realtor · Dallas - Fort Worth Metroplex, TX · Member since 2016 · 1k+ posts · 925 votes
    3y

    @Olu Fash honestly you should have had this sorted before getting under contract. Depending on your financial situation a new lender may need additional time to put you through underwriting. If you have not found someone please send me a DM and I will give you the right person.

  • Lender · Dallas, TX · Member since 2019 · 34 posts · 12 votes
    3y

    What’s up Olu! First off congrats on the new investment! I am a Mortgage Broker in Dallas, TX. Feel free to shoot me a message if you still need some assistance. 

    Also, even if you have been assisted already still shoot me a message, I love connecting with other local real estate investors in the area!

  • Nick BelskyBusiness Member
    Lender · Orlando, FL · Member since 2021 · 1k+ posts · 704 votes
    3y

    @Olu Fash

    I've got ARMs still at 7.5% with 2/2/5 CAPs. They just came up from 6.99% last Monday.

    Also, 30 year fixed at 7.55%. They just came up from 7.25% on Monday as well.

    ARM lender is a bit slower, 25-35 Days to close, but the FRM lender is fast, 20-25 Days.

    Cheers!

    Belsky Mortgage, LLC521 Reviews
  • Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    3y

    Happy to connect you with my lender 

  • Member since 2018 · 2 posts · 1 vote
    3y

    Wanted to say thanks to everyone, got it sorted out with a credit union.

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