How to compare 10 different official loan estimates from 10 lenders to find best deal?All these 10 different official loan estimates have different numbers for everything. Please advise, Thanks!
Just got a DSCR rate quote from one of my lenders and it came out at 8.5% with no pre-payment penalty. Seems a little high from what I thought it would be.Anybody get one recently and can tell me if this is a competit...
I have a private money lender that has good rates but they have requested a deposit/origination fee before the loan is funded. I am a little leery of this - is this typical?
This is effective as of Dec 7 2020. How do you handle this when using a third party? My iGMS account is no longer connected. In order to connect it, I must allow Airbnb’s host only fee structure. What’s the solution? ...
I signed "Uniform Residential Loan Application" on May 18, 2023, and locked in a 6% conventional loan mortgage rate with 0 points. On Friday June 16, 2023, one business day before the closing date (closing is 6/20/20...
Hi,I am purchasing a multi-family unit for $175,000. Here are the loan terms I received from a bank, please let me know if this is good in current market. This is a commercial loan.Interest Rate fixed for 5 years = 4....
Hello, A few months ago I wrote about how I was done procrastinating and ready to get in the game. Since then I have been viewing properties and today I saw one that I thing the numbers might make sense and I am ready...
Hi all,
We are currently shopping around for the lowest interest rate to purchase our first primary residence, multi-family in MA. We are currently looking at Everett, Reverse, Malden, and Melrose. My husband is acti...
Hi BP,I have a lender question I hope you can help me with. What should I expect to pay in loan fees when acquiring a loan for an investment property? I have great credit, zero debt and this will be my first conventio...
TBD, LLC
No. of Properties 8
Quote Date 10/20/2023
Property Value $ 1,448,000
Rental Income $ 18,241
Taxes $ 15,319
Homeowners Insurance $ 4,150
HOA (if applicable) $ 0
The above information was used to calcul...