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Updated about 8 years ago on .

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Bronx, New York
  • Member since May 14, 2015
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Bronx, New York
  • Member since May 14, 2015
Connect
Account Closed
  • Bronx, NY
0
Votes |
1
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Private Lending & Conventional Mortgage Advice

Which loan terms for a refi

Account Closed
  • Bronx, NY
Posted

First time refi'ng. Owe 760k on current loan. Refinancing for 1.3mm. 16 unit residential 

These are the terms offered by Lender......

3+3+3+3+3+3+3+3+3+3 ARM, 30yr Amortization- 3.625%

5+5+5+5+5+5 ARM, 30yr Amortization- 4.25%

10yr Balloon, 25yr Amortization- 5.375%

Which one folks? Thanks in advance!

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