Just received an anticipated email that the main lender LendingOne that I use to refinance my rentals after they have been rehabed and leased is halting loans - understandably so.

Looking for a lender to refinance 2 single family rentals.

Deal info is below incase any lenders looking at this...

Property 1

• Balance – 73K
• Estimated Value – 122K
• Rent - $1350
• Insurance - $600/year
• Tax - $298/month
• Looking for an ARM product 5-10 years. Not looking for cash out but a loan somewhere around 80K to cover prepaids.

Property 2

• Balance 99K
• Estimate Value 138K
• Rent - $1300
• Insurance 560/year
• Tax $244/month
• Looking for an ARM product 5-10 years. Not looking for cash out but a loan somewhere around 102K to cover prepaids.