Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago,
Bank Portfolio Loan or Secondary Market Mortgage
I have a SFR under contract for $106k. Which way would you go with financing?
Bank Portfolio Loan
15% Down
30 Year Note & Amortization
Rate Adjusts Every 5 Years
5.0% Initial Rate
Traditional Secondary Market Mortgage
20% Down
30 Year Note & Amortization
~5.0% Fixed Rate
Is saving 5% cash down on the front end worth the interest rate risk in years 6-30?