Jon Klaus
Mortgage apps for purchase are at a 13 year low
http://www.reuters.com/article/idUSNLL1HE65120100602?type=marketsNews
"Purchase applications are now almost 40 percent below their level four weeks ago, while the refinance share, at 74 percent, is at its highest lev...
Nick Dillaha
Do I need a commercial loan to refinance my rental?
Hi BP!
Just looking for a little advice on refinancing. I own a rental townhouse/condo in my area and currently have an ARM with my local credit union and am looking to refinance the property to a 30 year fixed. My ...
Tyler Silver
Refinance Rental Property - Lender Recommendation?
Hi I have a rental Property in NY - a 3 Family Multiunit. 1 Unit is rented for $800, 1 is being prepared for rent (gets $1500) and the other one is getting evicted should be empty next week and gets $1200).We bought...
Martin T.
Mortgage rate locks and trends
I am in the process of purchasing my 2nd rental property, and have spoken with a number of banks regarding rates. Since it's an investment property the rates have ranged from 4.25% to 4.75% (Monday they were 4.25% wi...
Ashish Mehta
30 year loan on a investment home?
Hi,I was told before if I purchase a home for a investment i can't apply for a mortgage loan. What's the boards thoughts on where to get a 30 year loan @4% for a investment home?
Joseph Romano
What Mortgage Lender Do You Use?
Next month I will be able to get pre-approved for my first mortgage. I'm looking at small multi-family properties. What lender(s) would you suggest if using a FHA loan or conventional loan?
Lloyaal Thomas
Buy in cash or payoff and finance?
Greetings BP,I’m currently looking to purchase another investment property at 65k. But I have 4 properties mortgaged with the lowest balance being 25k. Every bank that I’ve talked to will not allow a 5th mortgage. I ...
Account Closed
VA loan and contractor on Oahu
Hello BP! My husband and I are stationed in Hawaii and plan on buying property around Honolulu. Can anyone recommend a realtor that you have used and that can help us take advantage of our VA loan? Also a possible con...
Anastasia M.
Who is the cheapest Fannie Mae refi lender in April 2020?
Does anyone know the lowest rate/fees lender for someone with W2 and credit score 800? To refi of a non-owner occupied investment property. ty
Connor Hibbs
What Lenders Work With High Amounts of Seller Financing
I know that everyone wants to get the lowest downpayment possible, but I've run into an issue where some lenders either don't accept seller financing or they allow for a very minimal amount. An especially big problem ...