Hi,
I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:
Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...
I am getting closer to my goals! I closed on number 9 today. It is a 4/2 ranch with a 2 car attached garage. I bought it for $133,000 which is more than I have bought any of my other rentals for, but the market ...
Hello everyone,
I've been researching ARM lenders for about a month and looking for lenders charging the lowest rates, FHA or Conventional are fine.
If you have used or know of any lenders offering low low low rate...
Hello,Curious. I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years). Why are lenders pushing this? I wanted a 30 year that will cost 0.50% more but lenders all pushing me ...
I'm working with two banks right now to try and finance a four-plex. Both are 20% down and amortized on a 30 year schedule. One is a fixed 30 year mortgage at 4.625% and the other is variable at 3.25% for the first 5...
I have been in verbal offerings and submitted a final official offer and wanted your opinions. Location is Champaign County / Dayton Ohio area. It is a 4 Unit with 3 units occupied with myself to occupy the 4th.
...
I’m having a difficult time finding a lender who will refinance my SFH in KY. Bought with cash, ARV $90k seeking to refi $60k. Credit score over 800. Some lenders offer ARM and Balloon loan options, but not fixed rate...
I'm looking to get a construction loan that I will later turn into a permanent mortgage loan. However, I'd like to stay in my current home, which I have a mortgage, until the construction is complete. Nearing comple...
So I have finally hit the 10 property mark. They each have a mortgage with a rate between 3.5% and 4.0%, so I don't want to refinance them into an umbrella loan or anything like that. My question is, what is the bes...