Loans for House Hacking

[Mason Yost]

Hello all,

I have been immersing my self in real estate knowledge to prepare to pursue a house hacking deal this spring as my first property. I am planning to use an FHA loan and put 3.5% down. I have questions about where I should get the loan. Any suggestions on to find a local lender or use a national company like guaranteed rate? Any info on pros and cons?

I am a newbie so appreciate all the help and tips 

[Dustin Lunceford]

Hey Mason, I would suggest finding a local lender to work with. Lots of lenders have FHA loan products available. Most local lenders will also be able to match national lender interest rates. Another added benefit to using a local lender is beginning to build a relationship. Ask other investors in your area their go-to bankers. Find one you like and start to build the relationship. As you getting further into your investor career having a pre-existing relationship with a banker will help!