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Old 08-22-2014, 07:32 PM   #1
lfm
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Default Lenders for seasonal properties

I am looking for recommendations for lenders on a mortgage for a seasonal property. Which local banks should I contact?

Thanks.
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Old 08-22-2014, 09:35 PM   #2
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Quote:
Originally Posted by lfm View Post
I am looking for recommendations for lenders on a mortgage for a seasonal property. Which local banks should I contact?

Thanks.
Meredith Village Savings Bank. They are great to deal with.
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Old 08-22-2014, 10:00 PM   #3
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Default Lenders

I think Peoples will do this. Try lynnch98@yahoo.com for the leading mortgage person. Mention the forum. Lynn is great and will give guidance even if not their type of loan. It probably helps if you're a People's customer, but I bet that's true anywhere. Maybe you can become a customer?
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Old 08-23-2014, 07:04 AM   #4
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DITTO on MVSB, they are local to NH and understand the Lakes Region and its special needs.

I've had zero success on large, national banks, like Chase. I was declined because my land value was more than the house.... duh, I live on the lake, they weren't convinced.
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Old 08-23-2014, 07:32 AM   #5
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Default Bank of New Hampshire

Tammy Cote, a lake resident herself, is fabulous with lake properties. Tammy is the most helpful and knowledgeable loan officer I have ever met. Her contact information is on the Bank of New Hampshire website.
You will not be disappointed!
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Old 08-23-2014, 07:49 AM   #6
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I agree with the comments on Tammy Cote. I have done 3 different notes with Bank of NH and Tammy specifically. Very helpful and makes the process easy.
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Old 08-23-2014, 08:12 AM   #7
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I to would recommend MVSB. Back in early '60s my parents went to them for a mortgage on a cottage in Mltnbro. and got it, even though Dad was currently out of work.
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Old 08-23-2014, 08:15 AM   #8
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I could never get someone to call me back from BoNH, tried several times, before moving on. I guess YMMV
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Old 08-23-2014, 08:38 AM   #9
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Default seasonal properties

Peoples does do camp/seasonal properties -contact me if you want details
cell phone is 759-4466

lynn
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Old 08-23-2014, 10:46 AM   #10
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We used Lori Borrin at MVSB and were very happy. We had some concerns about the process since it was a second home but it was pretty straight forward and was taken care of pretty quickly. Only issues we had during the process were seller related (which in our case was a bank).
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Old 08-23-2014, 12:00 PM   #11
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paulamer, I was just browsing through the forum and noticed that you are fairly new to posting on the forum after joining back in May 2010. We are glad that you have come aboard and joined us. Have fun and enjoy the Winni Forum while making many new friends.

I just happen to see that you have been viewing the threads today. You are more than welcome to join in and state your feelings on any of the subjects or create one of your own. Have a Great Day.

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There is nothing better than living on Alton Mountain & our grand kids visits.
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Old 08-23-2014, 02:57 PM   #12
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Quote:
Originally Posted by lfm View Post
I am looking for recommendations for lenders on a mortgage for a seasonal property. Which local banks should I contact?

Thanks.
Definately MVSB...
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Old 08-23-2014, 03:30 PM   #13
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MVSB. Awesome to work with.
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Old 08-24-2014, 09:29 AM   #14
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Thanks for all of the recomendations. This forum is a great resource.
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