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Updated over 6 years ago on . Most recent reply

Jane Smith's profile image
Jane Smith's profile image
Jane Smith
  • from Providence, RI
  • Member since Mar 4, 2017
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17
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Jane Smith's profile image
Jane Smith's profile image
Jane Smith
  • from Providence, RI
  • Member since Mar 4, 2017
Connect
Jane Smith
  • Providence, RI
1
Votes |
17
Posts
Private Lending & Conventional Mortgage Advice

Refinancing VA into investment loan

Jane Smith
  • Providence, RI
Posted

I have to refinance my investment property from a VA to a Conventional Investment loan.

I am confused about the closing costs. Are they different than on a conventional refi loan for a primary residence?

I received one loan estimate on my $207,000 investment property in Alabama.

Everything looks fine, except that it lists a processing fee of $550 and a underwriting fee of $995. Is that normal?

Thank you.

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