Ownership
 
If you are paying cash, the rules below don't apply to you. NOTE: Cash is not king. If you are paying cash and competing against another offer which has a loan approval from the owning bank, your offer will not be accepted even if your offer is slightly higher! This trips up many investors.
 
Owner
 Any type of financing is ok.
- Usually, any bank or financial institution will work.
- Some are willing to "carry paper" aka - hold a first or second mortgage.
Unknown
 Any type of financing is ok.
- The bank holding the note doesn't care where you get your financing.
- Banks are not willing to carry a second note and are not interested in a lease/option.
HUD
 You cannot use the "shot gun" approach on these as offers are submitted with your social security number.
- Your social security number must be given to make an offer (Big Brother)
- You have to put utilities in your name when you go into escrow for the inspection.
- You can submit an offer with any institution.
B of A - "Bank of America"

You must be pre-qualified through them in order to make an offer.
- There are no exceptions.
- You don't have to use their loan to make an offer on the property.
- Your credit will get a "ping" so think your strategy first.
- You will have a slight edge over cash offers if you make an offer on a BofA property.
- They offer excellent rates.
- If your credit is marginal (less than 720) or your income difficult to verify, it is recommended that you just move onto a mortgage broker. Here are folks that I recommend.
Wells Fargo

You must be pre-qualified through them in order to make an offer.
- There are no exceptions.
- You don't have to use their loan to make an offer on the property.
- Your credit will get a "ping" so think your strategy first.
- You will have a slight edge over cash offers if you make an offer on a Wells Fargo property.
- They offer excellent rates.
- If your credit is marginal (less than 720) or your income difficult to verify, it is recommended that you just move onto a mortgage broker. Here are folks that I recommend.
Chase

You must be pre-qualified through them in order to make an offer.
- There are no exceptions.
- You don't have to use their loan to make an offer on the property.
- Your credit will get a "ping" so think your strategy first.
- You will have a slight edge over cash offers if you make an offer on a Chase property.
- They offer excellent rates.
- If your credit is marginal (less than 720) or your income difficult to verify, it is recommended that you just move onto a mortgage broker. Here are folks that I recommend.
 

This ownership is deliberately left black to signal these are a financial black hole. You must be qualified with the unheard of mortgage broker or lending institution to make an offer.
- There are no exceptions.
- You may have to use their loan to make an offer on the property.
- Your credit will get a "ping." You need to love that property to justify the "ping."
- You will have a slight edge over cash offers if you make an offer on that property.
- Rates are unknown.
- Unless you are paying cash, these just aren't worth the credit "ping."