New to Real Estate 路 Orangevale, CA 路 Member since 2017 路 6 posts 路 3 votes
Hi there, I am looking fo buy my first investment property in Sacramento. (Hoping to do a furnished/corporate housing rental to travel nurses). I am moving from Oregon and cannot work with my current oregon broker across state lines. Could anyone recommend a mortgage broker they have experience working with? Thanks much.
Lender 路 Sacramento, CA 路 Member since 2015 路 112 posts 路 62 votes
6y
@Laura Holford make sure you work with an independent mortgage broker as opposed to direct lenders/big banks (ie. Guild, fairway, loan depot, chase, Wells, BofA, and so on). They will gouge you with fees and higher rates, and they are stuck presenting you with one bank (the one they work for). They only have fiduciary duty to their employer, and not you. Independent brokers only report to you and your needs.
We have wholesale relationships with over 60 lenders/banks, and we align our clients with the best product, lowest rate, with $0 lender fees. We also pay your appraisal fee 馃憣馃徎
Rental Property Investor 路 Folsom, CA 路 Member since 2016 路 140 posts 路 70 votes
6y
Stephany has helped us with several mortgages, both primary residence and investment property. We shopped around a couple times, but she always had the best loan options for us. https://branches.guildmortgage...
Investor 路 Roseville, CA 路 Member since 2016 路 893 posts 路 1k+ votes
6y
Hi @Laura Holford check out Golden Bay Mortgage Group and ask for Heather Henson, she has done almost all of my investment properties and primary residences. She's a pro and has a lot of options usually for investors.
Lender 路 Sacramento, CA 路 Member since 2015 路 112 posts 路 62 votes
6y
@Laura Holford make sure you work with an independent mortgage broker as opposed to direct lenders/big banks (ie. Guild, fairway, loan depot, chase, Wells, BofA, and so on). They will gouge you with fees and higher rates, and they are stuck presenting you with one bank (the one they work for). They only have fiduciary duty to their employer, and not you. Independent brokers only report to you and your needs.
We have wholesale relationships with over 60 lenders/banks, and we align our clients with the best product, lowest rate, with $0 lender fees. We also pay your appraisal fee 馃憣馃徎