I attended the last boot camp and have been making some calls to brokers lately in my search. It seems several brokers have been reluctant to speak with me because I haven’t owned a park (or any multi-family/commercial property) before, and they are asking whether I have been pre-approved for a loan amount.
After listening to Frank speak about security mortgage group, my plan was to use them as loan brokers.
Perhaps I’m missing something here. Do I need to find a bank to give me a pre-approval letter? Surely security mortgage group doesn’t do this, as they’re brokers not a bank, right? Any help is appreciated.