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Updated over 5 years ago on . Most recent reply
30 fixed / 30 am portfolio loans
Has anyone encountered any lenders who offer 30 Year Fixed/AM on portfolio loans?
Most I have talked to are 20-25 year AM with a balloon.
I found a 30 year fixed - but the fees are crazy and interest rates well over 6.8%.
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Anson Lau the answer here is yes, but it would take a lot of calls to find it. It is not common for sure. We have a pretty active Texas forum here but have you visited with any real estate groups in your area? You might find a solution from a local person. Just brainstorming here but maybe some of those suggestions might get you pointed in the right direction.