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Updated over 4 years ago on . Most recent reply
Refinance rates for investment property
Hey everyone, I see that rates are really low lately. I have an investment property currently at 4.5%. I am seeing rates as low as in the 2s. Are rates this low for investment properties too or is this just for owner occupied? If so does anyone hVe a “go to” lender they can recommend? Thanks everyone!
Nick
Most Popular Reply
I closed on a cash out refi on one of my SFH investment properties in MA last week, no points, 75% LTV with a 30 year fixed 3.375% rate, locked the rate 1.5 months prior to closing. My rate prior to refi was 4.375% so it was a win-win to lower my monthly payment and pull some cash out