Sacramento Banks / Credit Unions
I've been here for some time and have a done some work with Provident as well as Golden-1 but I don't think they are the smoothest or most investor friendly banks to work with. Does anyone recommend any smaller lenders/banks/credit unions who are literate on more complex loans(cash out refi, delayed financing exemptions etc..)
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It helps that they have a branch in the office at my day job. We just completed a HELOC on one of our rentals and it was a piece of cake. No out-of-pocket costs when borrowing up to $250k, no appraisal, and it's interest-only for 10 years, currently 6.5% (for a SFR). It was about 2 weeks from completed application to funding. Their rates on a conventional cash-out refi are good, and they'll do delayed financing.