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Illinois Real Estate Q&A Discussion Forum

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Ginger P.
  • Rental Property Investor
  • IL and CO
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Looking for cash out ARM for rental property.

Ginger P.
  • Rental Property Investor
  • IL and CO
Posted May 21 2018, 12:40

Having a hard time finding 3, 5 or 7 year ARMs for a cash-out on an investment property in IL. Any banks or suggestions for this product?

Thanks in advance.

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Chris T.
  • Investor
  • Downers Grove, IL
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Chris T.
  • Investor
  • Downers Grove, IL
Replied May 21 2018, 12:54

@Michael Barbari with First Midwest bank can help

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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Replied May 21 2018, 12:59

Try conventus. I just did a loan with them. Not sure if they lend in your state though. 

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