If I'm investing out of state. Does that mean I go to a bank close to where I want to invest or in the town I live in?
You want to get preapproved by a loan originator local to the real estate being purchased.
Hey @Darrell Birton , if you're looking to get a residential loan, then your best bet will be to source it through someone local to the desired market. If it's a commercial loan, you'll have the ability to source it through a mortgage broker who can be out of state (in your hometown, perhaps) as well. Best of luck moving forward!
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