Investor’s Refinance Options - Birmingham, AL

4 Replies

Lots of questions

What kind of property (single family, multi family, commercial)

Borrower's credit score

Income or no income verification

Owner occupied or non owner occupied

cash out or rate and term 

Lots more

Loans are like Plinko on the Price is Right.  Drop the loan into the top of the board, let it hit some pegs as it goes down and the best loan for you is the one at the bottom of the board.


PS  Welcome to Biggerpockets!

@Patrick Garrett

As @Stephanie P. mentioned so are soooo many variables that come into play and my recommendation would be to get on the phone and start calling every bank/credit union in town. When I first started, this is how I found my first loan, pulled a list of over 100 lenders and went down the list until I found the lender I still use today after 25 calls. Like anything in life, it takes persistence and it's important to have some dialogue prior to calling these lenders about the deal or they won't give you the time of day. I hope this helps and Best of Luck!