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Updated over 3 years ago,
DSRC Loan Costs Feedback
Do you think 4% fixed interest rate for 30 years with 5 year prepayment penalty for a 4-plex purchase is pretty decent? I am putting down 25% as a self-employed buyer and this is non qm loan. This loan comes with 2% points and it seem pretty standard for this type of loan. Thanks for your feedback in advance.