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Updated over 2 years ago on . Most recent reply

Timothy Allen's profile image
Timothy Allen's profile image
Timothy Allen
  • New to Real Estate
  • from Pittsfield, MA
  • Member since Apr 12, 2022
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64
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19
Votes
Timothy Allen's profile image
Timothy Allen's profile image
Timothy Allen
  • New to Real Estate
  • from Pittsfield, MA
  • Member since Apr 12, 2022
Connect
Timothy Allen
  • New to Real Estate
  • Pittsfield, MA
19
Votes |
64
Posts
Private Lending & Conventional Mortgage Advice

Pre-paid insurance for portfolio loan

Timothy Allen
  • New to Real Estate
  • Pittsfield, MA
Posted

Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%. 

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