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Updated over 3 years ago on . Most recent reply

Thomas Wang's profile image
Thomas Wang's profile image
Thomas Wang
  • Rental Property Investor
  • from Broomfield, CO
  • Member since Sep 29, 2017
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64
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Thomas Wang's profile image
Thomas Wang's profile image
Thomas Wang
  • Rental Property Investor
  • from Broomfield, CO
  • Member since Sep 29, 2017
Connect
Thomas Wang
  • Rental Property Investor
  • Broomfield, CO
40
Votes |
64
Posts
Private Lending & Conventional Mortgage Advice

DSRC Loan Costs Feedback

Thomas Wang
  • Rental Property Investor
  • Broomfield, CO
Posted

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.

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Thomas Wang's profile image
Thomas Wang's profile image
Thomas Wang
  • Rental Property Investor
  • from Broomfield, CO
  • Member since Sep 29, 2017
Connect

User Stats

64
Posts
40
Votes
Thomas Wang's profile image
Thomas Wang's profile image
Thomas Wang
  • Rental Property Investor
  • from Broomfield, CO
  • Member since Sep 29, 2017
Connect
Thomas Wang
  • Rental Property Investor
  • Broomfield, CO
40
Votes |
64
Posts
Thomas Wang
  • Rental Property Investor
  • Broomfield, CO
Replied

@Ned Carey

Thank you very much for the encouragement.

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