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Updated almost 12 years ago on . Most recent reply

Eric Gutierrez's profile image
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Eric Gutierrez
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  • from Minneapolis, Minnesota
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Eric Gutierrez's profile image
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Eric Gutierrez
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Eric Gutierrez
  • Investor
  • Minneapolis, MN
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Private Lending & Conventional Mortgage Advice

Typical Cost to Renfinance

Eric Gutierrez
  • Investor
  • Minneapolis, MN
Posted

Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.

Thanks

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James H.
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  • from Fort Worth, Texas
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James H.
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James H.
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James H.
  • Investor
  • Fort Worth, TX
Replied

It will vary, but I would expect around 3 to 5 thousand.If you have an FHA loan, you could do a streamline much cheaper.

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