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Updated about 4 years ago,

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6
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Sergio Zapata
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6
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Is a 4.75 interest rate acceptable on 700 credit score?

Sergio Zapata
Posted

Hello people I'm. Buying my first rental property with a conventional loan in texas, a triplex I'm planning to live in one of them, I have a four year job history and a 700 credit score and the bank gave me the loan estimate, it looks like this  

loan term: 25years,  product: 5.33, adjustable rate,  loan type: conventional. Rate lock: NO  And a 4.75 interest rate.. 

PLZ HELP I NEED ADIVCE TO PROCEED OR NOT? 

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