Tempe , AZ · Member since 2010 · 12 posts · 1 vote
Hi BP friends!
I live in Tempe, AZ and have my first accepted offer on an investment property. I decided to start small since this is my first 100% rental and and offer of 73k was accepted, I spoke to my mortgage guy this morning and he said he is not even sure that a loan that small can be funded by his bank. Has anyone else experienced this? Also- does anyone in AZ have someone in mortgage they have used and can recommend. Thanks for any info!
Two I used in this past year, Cherry Creek Mortgage (Scottsdale) Kelly Zitlow - used her and her team for my primary residence.
Guaranteed Rate - Bill Rayman, California based, but licensed in all fifty states, used him at end of 2015 to purchase an Arizona SFR rental with 15% down.
Both were easy to use, flexible, and very knowledgeable. You can google with either of them for contact info. Good luck!
Jud Holmes with Nova Home Loans is always responsive, professional, and systematized. I've used him personally and referred many to him. (602) 821-4000