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Updated almost 5 years ago,

Roger Brogan's profile image
Roger Brogan's profile image
Roger Brogan
  • Investor
  • from Detroit MI
  • Member since Jan 7, 2020
Connect

User Stats

9
Posts
1
Votes
Roger Brogan's profile image
Roger Brogan's profile image
Roger Brogan
  • Investor
  • from Detroit MI
  • Member since Jan 7, 2020
Connect
Roger Brogan
  • Investor
  • Detroit MI
1
Votes |
9
Posts
Private Lending & Conventional Mortgage Advice

5.5% 30 yr Conv rate too high?

Roger Brogan
  • Investor
  • Detroit MI
Posted

Our offer got accepted on a duplex this past weekend. The rate we were told was 5.5%, and that's with paying an additional 3,535 at closing to reduce it to that. This seems high. Are other people seeing similar numbers? Purchase price 320,000. Loan amount 256,000. 

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