Updated over 5 years ago on . Most recent reply

Portfolio lender who supports out of state investors
I am approaching my 10 loan Fannie Mae limit. Anyone know of lenders in Michigan who support portfolio loans for out of state investors? I have contacted a few credit unions in the general Detroit Metro area but most require I be a resident over there.
Ideally the lender would support a cash out refinance on a single family rental; preferably 30 year fixed rate mortgage.
Thank you