Investor Friendly Banks near Cleveland?

Chula Vista, CA · Member since 2019 · 19 posts · 7 votes

Hello! I am buying a house in Oberlin, Ohio and I'm looking for a thirty-year fixed loan that lets me do a cash out refinance in under six months for at least 70% of the after repair value. Anyone know banks or credit unions that have helped others in a similar position?

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Uri Gofman
Member since 2018 · 150 posts · 200 votes
6y
Try Dollar Bank. They are pretty active locally.
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Remington LymanBusiness Member
Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
6y
Originally posted by @Jake Vayda:
Hello! I am buying a house in Oberlin, Ohio and I'm looking for a thirty-year fixed loan that lets me do a cash out refinance in under six months for at least 70% of the after repair value. Anyone know banks or credit unions that have helped others in a similar position?

I have some lenders that you can reach out to in Ohio.
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James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
6y
Originally posted by @Jake Vayda:
Hello! I am buying a house in Oberlin, Ohio and I'm looking for a thirty-year fixed loan that lets me do a cash out refinance in under six months for at least 70% of the after repair value. Anyone know banks or credit unions that have helped others in a similar position?

Good news is you don't need to limit your lender search to a bank near Cleveland. Many lenders are licensed in all 50 states. I suggest widening the net to give yourself more options.
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