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Updated about 8 years ago on . Most recent reply

User Stats

17
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6
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Dean Miller
  • Investor
  • Jefferson, GA
6
Votes |
17
Posts

Looking for Investor Friendly Bank in Atlanta Georgia

Dean Miller
  • Investor
  • Jefferson, GA
Posted

I recently applied for a 30 yr conventional cash-out refinance on one of my rental properties that I own free and clear and was denied the loan.  The reason is I would have exceeded the bank's 4 investor loan maximum limit.  I've read that Fannie Mae has lifted their 4 loan limit and now allow up to 10 investor loans.  I've called around to several other banks I do business with and they still adhere to the 4 loan limit. I'm not sure why many of the banks have not raised the limit. I was wondering if anyone knows of any investor friendly banks located on the northeast side of Atlanta or Gwinnett County that will do up to 10 conventional investor loans.

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