Financing Locally in Columbus

[Adam Collins]

I'm looking to move on two properties in Columbus to buy and hold.  I'd like to find a local lender that does not typically sell off their loans, but would rather keep them in their portfolio.  I'm hoping for some more flexibility or creativity than I've been hearing from those I've called.  Which is a lot, but I'm always willing to call another one if somebody can point me in the right direction?

[Robert Ellis]

Hi Adam,

I took a look at the MLS locally here in Columbus at some of the homes that were financed in this area (I would always go with a lender that is familiar with this area) and here are a few of the ones i found for duplexes near children's hospital:

Prime Lending - 848-850 Carpenter Street

Hancock Mtg Ptrs LLC - 1145 S Champion Ave

Priority Mtg Corp - 1052 Forest Ave

Pfg Lns Inc - 701 E Kossuth Street

Huntington Nat'l Bk - 1282 Linwood Ave

First Fin'l Bk Na - 1213 S Ohio Ave

Wesbanco Bk - 1277 WILSON Avenue

I'd recommend calling all of these banks for terms, rates, etc. Talk to someone that is familiar with this area. Huntington has some incentives to purchase in low to moderate income areas. Lot's of great resources here. Hope this helps.