Brokerage for Home and Investment Property LOC
Hi Allison. Thank you so much for your article about all the LOC options. I’ve gained lots of knowledge.
I offer various financial services and opportunities to a large group of investors, and we currently have several requests for LOC for their investment properties so they have the funds to purchase more commercial property. I feel that there’s very little known resources in our area.I was wondering if you can refer me to banks that welcomes brokers for LOC’s which offer these credit lines in the NY, NJ, CT, and PA areas.
Thank you for reaching out to us. I don’t know if any lenders who offer a LOC will work with outside mortgage brokers within those states. Have you tried reaching out to lenders who offer investor LOCs to see if they’d work with you?
Check out our article on Investment Property LOCs. It mentions a few companies that offer those products. I don’t know if they’d work with a broker, but it couldn’t hurt to give them a call and ask.
Best of luck!