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Updated almost 6 years ago,

User Stats

630
Posts
567
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Justin R.
Pro Member
  • Rental Property Investor
  • San Anselmo
567
Votes |
630
Posts

Are these Extremely High Origination Costs?

Justin R.
Pro Member
  • Rental Property Investor
  • San Anselmo
Posted

Hello All.

I am refinancing a 3 unit investment home with Fannie Mae Guidelines. 70% LTV cash out. Lender is a small brick and mortar bank in the North East.

My lenders origination costs are 2.5% not including discount points.

This equates to over 10k in origination costs alone. Is this typical for this loan type?

  • Justin R.
  • Loading replies...