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Updated over 4 years ago,

User Stats

6
Posts
1
Votes
Skyler Schumacher
Pro Member
  • Washington
1
Votes |
6
Posts

Are These Loan Terms Competitive?

Skyler Schumacher
Pro Member
  • Washington
Posted

Wanted some BP wisdom. I'm looking into doing a cash out refi to get some capital to put toward my first investment property. 

I have excellent credit. I will be doing 80% LTV on a 30 year fixed rate at 3.25%. My home is worth approximately $400k. My estimated closing costs will be about $3k.

the terms of the loan sounded competitive. Am I getting good terms or should I continue shopping around? This loan would be through Amerisave. Thank you,

  • Skyler Schumacher
  • Loading replies...