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Updated almost 7 years ago on . Most recent reply

Rod Borges's profile image
Rod Borges's profile image
Rod Borges
  • Real Estate Investor
  • from Milford, Massachusetts
  • Member since Dec 12, 2016
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Rod Borges's profile image
Rod Borges's profile image
Rod Borges
  • Real Estate Investor
  • from Milford, Massachusetts
  • Member since Dec 12, 2016
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Rod Borges
  • Real Estate Investor
  • Milford, MA
2
Votes |
16
Posts
Worcester Real Estate Forum

Refinancing Loan From Hard Money Lender

Rod Borges
  • Real Estate Investor
  • Milford, MA
Posted

Hello there,

I'm looking for any suggestions from someone who's a lender or someone who can recommend me one lender in Massachusetts for a refinance.

I currently have a loan w/ a private lender and now I need to refinance the loan.

Thank you for your advice.

Rod.

Worcester, Massachusetts
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Brad Smith's profile image
Brad Smith's profile image
Brad Smith
  • Lender
  • from Perry Hall, Maryland
  • Member since Jul 27, 2015
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Brad Smith's profile image
Brad Smith's profile image
Brad Smith
  • Lender
  • from Perry Hall, Maryland
  • Member since Jul 27, 2015
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Brad Smith
  • Lender
  • Perry Hall, MD
44
Votes |
100
Posts
Brad Smith
  • Lender
  • Perry Hall, MD
Replied

Hi Nghi--

Pretty easy to get 75% on a R/T or Cashout refi with rates starting in the low 5's for a 5 yr ARM. Loans are Stated Income and look at the cash-flow of existing or projected market rents. Minimum credit score of 650 is required.

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