San Antonio Portfolio Lender

[Keith Borie]

Any suggestions on a local bank that offers portfolio loans?   I have seen some recommend Southstar and that might be a great option but they don't have a San Antonio branch so making the initial deposit to open the bank requires a little drive 50-60 miles.   Might be worth it but want to see what other recommendations come up.  

Looking to establish a banking /lending relationship with a local bank that could possibly do better than 80% LTV on multi family properties and/or some that would have low closing cost on refinancing some multifamily properties. Thanks in advance for your replies and suggestions.

[Jason Hirko]

@Keith Borie Sonora Bank used to do 85% LTV on SFRs, but now they're down to 80% for new clients. Not sure how that translates to MF.

And I have heard service has gone downhill recently, for what it's worth. 

I have also heard good things about Eldorado National Bank and Ozona Bank. I have a good contact at Ozona if you want it.