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Updated almost 4 years ago on . Most recent reply

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George Byrd
  • Real Estate Broker
  • Columbus, OH
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Blanket / Portfolio loan

George Byrd
  • Real Estate Broker
  • Columbus, OH
Posted

Anyone have a lender that will do a blanket/portfolio loan in the Columbus area?  We have 9 rental houses we'd like to refinance and pull out equity, and don't want to have to pay closing costs 9 times or make 9 payments every month.  My regular lender told me no one does blanket loans any more, but I see people still talking about them, so not sure he's correct.

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Remington Lyman
#3 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
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Remington Lyman
#3 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Originally posted by @George Byrd:

Anyone have a lender that will do a blanket/portfolio loan in the Columbus area?  We have 9 rental houses we'd like to refinance and pull out equity, and don't want to have to pay closing costs 9 times or make 9 payments every month.  My regular lender told me no one does blanket loans any more, but I see people still talking about them, so not sure he's correct.

 Yeah, I have some commercial lenders that you can talk to. She lends to out of state investors in the Columbus, Ohio area

  • Remington Lyman
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