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November 11, 2009

Mortgage providers 4 families

We are seeking a mortgage provider that will lend against a 4 family in Brooklyn. Any ideas on smaller players that will hold the loan in their portfolio? Any thoughts on larger players that will be relatively more flexible as the buying dynamics are non-standard (three way transaction where a middle man is assigning contract to us)? Any thoughts are helpful!

Comments

Very few lenders will allow the assignment of a contract. There are a few but slim pickings.

adahill@wcslending.com

Posted by: Adam Dahill at November 12, 2009 9:43 AM

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