Cash Out Refi Curren Rates

[Brian G.]

BP nation, what is the current rate for a cash out refi on a 2 unit NOO property?

[Stephanie P.]

Originally posted by @Brian G.:

BP nation, what is the current rate for a cash out refi on a 2 unit NOO property?

 6%

Now our question is do you and the property qualify for that low of a rate or are the other 50 factors that go into a rate and approval going to move the rate and fees up.  

The better way to find a rate is to find a local lender that's well respected at a meetup or REIA and start a conversation that may lead to an application that will lead to a real number you can work with.

Loans are like baking a cake.  Lots of ingredients.  Lots of timing before the finished product comes out right.