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Updated almost 5 years ago on . Most recent reply

Dustin Lee Cotliar's profile image
Dustin Lee Cotliar's profile image
Dustin Lee Cotliar
  • Member since Jun 19, 2019
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Dustin Lee Cotliar's profile image
Dustin Lee Cotliar's profile image
Dustin Lee Cotliar
  • Member since Jun 19, 2019
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Dustin Lee Cotliar
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Private Lending & Conventional Mortgage Advice

Mortgage rate for SFR rental property in Denham Springs

Dustin Lee Cotliar
Posted

Hello BP community-

I am financing a SFR in Denham Springs Louisiana which will be used as a rental property. My interest rate is 4.875. 20% down, 30 year fixed conventional loan.

Is this inline with standard rates in the area? Closing costs are about 6K; house is being purchased for 182K. Closing costs reasonable? Think I could have done better? 

Thank you! 

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