Got quoted a 7.75% interest rate - looking to shop around rates

[Benjamin Sulka]

Hey BP,

Trying to shop around rates and open to having conversations with lenders. 

My fiance and I are looking to purchase a small multifamily property and got quoted a 7.75% interest rate given our particular situation.

Both credit scores are 720+ and our total gross income is about $9,000 per month. 

If anyone has a lender in the Cleveland/Northeast Ohio area, I would love to have a conversation! 

Thanks so much! 

Ben

[Caroline Gerardo]

Owner occupied, number of units, can provide lease at close, sale price, down payment percentage, market rents... anyone needs the details to give a quote. 

Non owner with how many years prepayment penalty?