The market seems to have some pretty varied pricing right now. Just looking to see if anyone on the board wants to quote or knows somebody who wants to quote a single family investment property in the Houston area.
El_Gato said:
I'm about to close on a HELOC with Hancock Whitney
This is an in-house product with simpler underwriting and lowish closing cost?jja79 said:
Also have a portfolio 10/1 ARM for investment properties 70% LTV around 3%.
Would you be willing to share a contact @ Hancock, for referral? Also, did you go thru the Wealth group for a specific reason vs a commercial/real estate banker? Haven't used them before, but looking at a similar LOC product and the turnaround time is attractive!El_Gato said:
Went through the wealth group at Hancock and closed an unsecured line of credit in one week. Have had a good experience so far.