Central Florida Banks for portfolio and commercial loans

Central Florida Banks for portfolio and commercial loans

Dustin FikePro Member
Investor · Orlando, FL · Member since 2021 · 20 posts · 11 votes

Which local banks in the central Florida area are good to work with for portfolio loans and/or commercial loans for properties around Orlando greater area and space coast? I am just getting started, but am thinking that I could start my business checking/savings with a good local bank now so that later when I do need a portfolio or commercial loan, I already have a relationship and history with them. Any good experiences or recommendations?

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Kim Meredith HamptonBusiness Member
Real Estate Broker · St Petersburg · Member since 2014 · 2k+ posts · 2k+ votes
5y

@Dustin Fike I would start with Seacoast, IBeria, CenterState or One Florida

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  • Dustin FikePro Member
    OP
    Investor · Orlando, FL · Member since 2021 · 20 posts · 11 votes
    5y

    Since posting this, I have been trying to research and understand the soliciting rules are on this site.  Based on this post, I worry I may have made a faux pas by posting this question.  If one is not allowed to ask for vendor recommendations, how do you find out that information and get referrals?  Do you have to make connections first and then ask your connections via PM?  Or can you only discuss that kind of thing at local meetups?

  • Kim Meredith HamptonBusiness Member
    Real Estate Broker · St Petersburg · Member since 2014 · 2k+ posts · 2k+ votes
    5y

    @Dustin Fike I would start with Seacoast, IBeria, CenterState or One Florida

  • Member since 2019 · 448 posts · 306 votes
    5y
    Originally posted by @Dustin Fike:

    Which local banks in the central Florida area are good to work with for portfolio loans and/or commercial loans for properties around Orlando greater area and space coast? I am just getting started, but am thinking that I could start my business checking/savings with a good local bank now so that later when I do need a portfolio or commercial loan, I already have a relationship and history with them. Any good experiences or recommendations?

     Dustin,

    Have you found any good local options for lending and banking? I am currently looking as well. I cannot stand BOA anymore....haha. Time to give my business to one of the little guys.

  • Dustin FikePro Member
    OP
    Investor · Orlando, FL · Member since 2021 · 20 posts · 11 votes
    5y

    This took a bit of a backseat recently, so I don't have any recommendations yet.  I just have a list of the banks I will be contacting: Seacoast, iBeria, CenterState, One Florida, Fairwinds CU, Spacecoast CU, Intracoastal, Sunrise.

  • Contractor · Orlando, FL · Member since 2021 · 12 posts · 4 votes
    5y

    @Dustin Fike I used Tyler and Matt at Blue gray mortgage

    Strongly recommend them.

  • Kerry BairdPro Member
    Rental Property Investor · Melbourne, FL · Member since 2011 · 3k+ posts · 2k+ votes
    3y

    @Dustin Fike, how have things gone for you regards to real estate?  Have you gotten a property?  Did you contact those lenders?  

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