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Updated over 5 years ago on . Most recent reply

Account Closed
  • Investor
  • Hudson, OH
2
Votes |
8
Posts

Local Northeast Ohio Banks for Commercial Loans (SFR Bundling)

Account Closed
  • Investor
  • Hudson, OH
Posted

Hello All,

I have 6 SFRs in NE Ohio, specifically Cuyahoga Falls and Stow.  I'm looking to bundle them under a commercial blanket loan to get the mortgage counter back to zero for future purchases.  I always hear that I need to work with a local bank that would consider this loan as part of their portfolio, but I have yet to find a local bank interested in this type of deal.  I would VERY much appreciate if anyone could provide specific names of banks they already have experience working with for these types of loans (I know about B2R and First Key, etc - but would prefer local Ohio banks if possible).  Thanks in advance for your help!

Most Popular Reply

Account Closed
  • Investor
  • Hudson, OH
2
Votes |
8
Posts
Account Closed
  • Investor
  • Hudson, OH
Replied

I know that people will ready old threads from time to time...  I had good luck with US Bank recently.  20% down and 25 year amortization on commercial property.

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