Where to find portfolio lenders in NC?

Where to find portfolio lenders in NC?

Dan MilesPro Member
Inspector · Fuquay Varina, NC · Member since 2015 · 39 posts · 8 votes

Hi BP people! I'm having issues getting a mortgage for my next property and was wondering if there was anyone around the Raleigh, NC area that knew where I could find a bank that did not sell off their mortgages to the big companies. Turns out my DTI is too high for the big boys and don't have the 2yrs. Landlord experience required. Help please?

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  • Rental Property Investor · Western Carolina · Member since 2010 · 144 posts · 66 votes
    11y

    I just did a loan with a company that is in Charlotte. They just look at the deal. But they require 5 units for more.

  • Rental Property Investor · Western Carolina · Member since 2010 · 144 posts · 66 votes
    11y

    I just did a loan with a company that is in Charlotte. They just look at the deal. But they require 5 units for more.

  • Dan MilesPro Member
    OP
    Inspector · Fuquay Varina, NC · Member since 2015 · 39 posts · 8 votes
    11y

    yep.    The 5 properties is a bit of a problem.

  • Investor · Riverside, CA · Member since 2015 · 185 posts · 27 votes
    11y

    You could always search up portfolio lenders online! That's what I've been doing to find portfolio lenders in California.

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