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Updated over 4 years ago, 04/06/2020

User Stats

72
Posts
14
Votes
Nina Ibrahimbegovic
  • Real Estate Professional
  • Clearwater, FL
14
Votes |
72
Posts

Wondering what the current investment refi rate is?

Nina Ibrahimbegovic
  • Real Estate Professional
  • Clearwater, FL
Posted

Wondering what rate you're getting on an investment refinance ? What is the LTV ratio ? I'm in Florida. Please share and recommend any lenders or mortgage brokers you're working with. Thanks

Account Closed
1
Votes |
5
Posts
Account Closed
Replied

I'm currently refinancing a SFR in which my old loan was 5.875% (30 year) with Flagstar. I'm not taking out any cash on the refinance, and I'm getting a 4% locked 15 year loan (amortized for 30 years) with a ballon at the end of the 15 years. This loan is with a local bank in middle Tennessee (Altra), and they will be servicing the loan the whole 15 years.

User Stats

167
Posts
72
Votes
Mark Gliebe
  • Real Estate Agent
72
Votes |
167
Posts
Mark Gliebe
  • Real Estate Agent
Replied

@Account Closed what neighborhood/part of town is your investment property located?

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