Updated almost 6 years ago on . Most recent reply
Community Banks in Salem
Anyone recommendations for community banks in Salem? I'm looking to refinance our commercial mortgages and would like to give the local banks a shot at them if we can swing a good deal.
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I would look at Troy Willis with Willamette Valley Bank In Salem OR- Just google "Troy Willis with Willamette Valley Bank". Not only can that bank loan up to $7M- Willis has access to other banks where they will participate. Also he has connections to Lifeco (Insurance). He just ran a bridge construction to HUD financing that is a crazy game changer- I made one of the apartment projects that I am working on (hopefully breaking ground this year) go from a $7000 a mont profit to a $17,000 a month profit (35 year AM, with a 2.7% rate will do that!) Pioneer bank has been amazing, Maps credit union is also a solid company with a solid team- Thank you Ben and David!