Referral for a Portfolio Lender in San Antonio

[Ian R.]

Hey SA BPers.

Do any of you seasoned investors have a preferred portfolio lender that you like to work with?  I'm researching financing options for a deal but my personal bank doesn't do financing for investment properties so I would greatly appreciate any recommendations anyone might have for an investor-friendly lender.  I've looked at RBFCU but they only do 15yr notes.  I'd prefer 30.  I have excellent credit and solid W2 income.  I just need a good lender that understands investment property financing.

Thanks!

[Will Pritchett]

Why portfolio lender? Plenty of brokers can do this for 30 year notes that conform to underwriting guidelines. Others may correct me but I would expect better rates and longer terms on Fannie/Freddie loans than portfolio loans.  PM me if you would like to get info on my broker.  They aren't in SA but they know investment property.  I haven't personally used a portfolio lender yet so my advice may be unbalanced.  Mine is good for up to 10 properties.  Good luck!