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Updated over 3 years ago on . Most recent reply

Jim Butterfield's profile image
Jim Butterfield's profile image
Jim Butterfield
  • Rental Property Investor
  • from Cornelius, OR
  • Member since May 22, 2016
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Jim Butterfield's profile image
Jim Butterfield's profile image
Jim Butterfield
  • Rental Property Investor
  • from Cornelius, OR
  • Member since May 22, 2016
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Jim Butterfield
  • Rental Property Investor
  • Cornelius, OR
26
Votes |
58
Posts
Private Lending & Conventional Mortgage Advice

Refi Loan costs are through the roof

Jim Butterfield
  • Rental Property Investor
  • Cornelius, OR
Posted

So what's the real reason refi on investment property is soooo outrageous? I'm doing a refi on my personal home, cost about $1200-$3k. Now I'm getting quotes on my 4plex and they want $11k-$14k loan costs. 

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Kyle Keller's profile image
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Kyle Keller
  • Realtor
  • from Honolulu, HI
  • Member since Jun 29, 2018
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Kyle Keller's profile image
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Kyle Keller
  • Realtor
  • from Honolulu, HI
  • Member since Jun 29, 2018
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Kyle Keller
  • Realtor
  • Honolulu, HI
118
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255
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Kyle Keller
  • Realtor
  • Honolulu, HI
Replied

@Jim Butterfield

Fannie Mae Freddie Mac reduced the number of investment loans they're buying, so that has a factor on investment loan costs.

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