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Updated over 5 years ago on . Most recent reply

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31
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George Liu
  • Houston, TX
6
Votes |
31
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Credit unions vs. banks vs. brokers

George Liu
  • Houston, TX
Posted

Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s.  Where are folks finding the best combination of rates and closing cost right now?

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,399
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4,756
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

 This really all depends on the type and size of property, your credit, your financials etc. The best thing to do is shop all of them as they each have different rates and terms

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