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Updated over 9 years ago on . Most recent reply

User Stats

52
Posts
16
Votes
James Thiel
  • Investor
  • Pasadena, CA
16
Votes |
52
Posts

Looking for bank for refi

James Thiel
  • Investor
  • Pasadena, CA
Posted

Hello Everyone, 

Can anyone recommend a bank with good cash out refi lans/fees for rentals? I have a rental in CA with low LTV and one in Idaho with high LTV. I want to take cash out of the CA and use it to refi the Idaho down. Both are on adjustable loans currently and I want to rate/term refi to 20 year or 30 year fixed.

The one bank I have already that can do it is quoting $12K in loan costs for both!  This seems high to me.

Thanks,

James

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