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Updated over 5 years ago, 09/11/2019
Evaluate my financing quote - Can I do better?
Guys,
I have a rental property under contract that I am looking to finance. I got this quote from a mortgage broker who I used to get my pre-approval letter. Personally I'm not too thrilled. What do you guys think?
Single-Family:
Rate: 5.625%
Term: 30 Yr. Fixed
Down: 170K (Purchase), 36K (down)
Closing Costs: 7K + 1.5K (Discount points)
Credit score is low 800's
If anyone has a lender contact or broker contact please let me know.
Thanks!