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Updated almost 3 years ago,
normal (current) loan origination rate for an investment property
Hey everyone,
We are buying a condo in Hawaii and received our estimated closing costs for our pre-approved loan. This is our first investment property, but I did know to expect higher fees in general. However, was curious if 2.5% was a normal loan origination rate for HI right now? Attached is a breakdown of the estimated fees (loan officer said he estimated high).