Approved for a loan. Let's see if any lenders here can beat this rate!

[Martin Yip Toll So]

Hey guys,

I'm an out of country investor (let alone out of state)  from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA  (a subsidiary from RBC Bank Canada).

The loan terms are:

-25% down

-7.625% interest rate 

-7/6 ARM

-30 year loan term

I was wondering if any lenders out here on BP are willing to play game and see if they can beat this rate.  However, there are 2 conditions I require

- I'd be limited to a DSCR loan since I don't have credit history in the USA yet.

- I don't need a 7/6. A 5/1 ARM or lower is fine by me.

- Minimum loan amount of 100k is fine. (props to you if you can lend 75k or less)

Lets see what you guys got!

Thanks,

Martin