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Updated about 3 years ago,

User Stats

239
Posts
90
Votes
Elizabeth Nourse
  • Investor
  • Fairfax, VA
90
Votes |
239
Posts

Looking for 30YR Fixed rental loan product- portfolio refi $2.3M

Elizabeth Nourse
  • Investor
  • Fairfax, VA
Posted

Looking for lenders/ recommendations for lenders.

I currently own nine rental properties, currently leased (or will be leased in the next month or two). They are held by my LLCs and I'm looking to re-finance them into a 30-year fixed product, with a cash out. They are currently all in a 5/1 ARM product and are located in the Washington DC region; all townhomes. The current DSC is well above 1.2 and I'd like to refi them to get back to an LTV of 75%. Total value of the portfolio is roughly $2.3M. Credit scores 780+ roughly.

Would like to close the re-finance in the 1st quarter of 2022.

I'd also like to see what options there are for fixed rate HELOCs on a primary residence, in a first trust position. If you have that product too.

Any recommendations or interest from lenders would be appreciated. Thank you!!

Liz

Looking for

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