Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago,

User Stats

5
Posts
0
Votes
Ron Frost
  • AL
0
Votes |
5
Posts

Re-financing an Investment Property

Ron Frost
  • AL
Posted

Who are the best lenders out there for re-financing investment properties?

I would like to take advantage of the current low rates, and would like to refinance a rental condo in FL.

Yes, the value has dropped a little, LTV is around 87%....not too concerned with that, if need be, I can put cash down at closing to bring it to the 80%. Current mortgage on this property is a 30-yr at 6.5%.

Just refinanced my primary home this week. Credit score is above 800. Got a 3.75% interest rate for a 15-year fixed rate. Problem free re-fi, but my broker cannot do mortgages in FL.

Is Quicken Loans a decent lender? Or should I be looking for a Credit Union that is local to the property?

(Just realized this is posted in wrong forum - sorry, please feel free to delete)

Loading replies...