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Updated over 5 years ago on . Most recent reply

User Stats

109
Posts
15
Votes
William D.
  • Staten Island, NY
15
Votes |
109
Posts

Multiple properties, different banks, can I just borrow from 1?

William D.
  • Staten Island, NY
Posted

BP!! 

I have 2 condos, both loans from 2 different banks with PMI on both. Curious if any bank would loan me 1 lump sum to pay off both loans at a lower or equal rate. I would not have to pay PMI, I can pay 1 lender, and hopefully the rate would be lower.

Am I looking for a unicorn?

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