We have a home that we are pre-qualified with the bank to purchase.  The loan is a 30 Year Conventional/Rehab loan which is requiring 15% down with an interest rate of 5.6% (which imo seems pretty reasonable).  The pr...

Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs +  prepaids, excludes discount points. It seems insanely high. Does this s...

My first DSCR loan experience was unexpected. I'm looking for guidance from this community. Is my experience normal?
I was given the loan terms verbally from a DSCR loan broker out in California for a cash-out refina...

View report
*This link comes directly from our calculators, based on information input by the member who posted.

I understand if you allow pets, you're opening doors for whole nother sector of renters' market
Why else would you do it? Higher rent? :roll:

Anyone know what kind of fees would be added to closing costs if you have a seller who is behind on his mortgage payments?? EXAMPLE: 100K left on the loan-monthly payments $1000- 3 months behind on payments- got him u...

Besides cleaning, and pet fees, what additional fees do you charge in your vacation rentals?
I have seen other people charging linen fees and admin fees.
My cleaning fee is a little higher that the cleaners charge t...

I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms.  $346,000 loan amount.  75% ARV.  3pts to the lender.  $3K to escrow/title.  $84K cash to clo...

Hi,

I am a Veteran but have a conventional mortgage of $55,000 on the house financed @ 5.5% for 10 years with $550 in payments - Taxes are $1800 and are not escrowed.
House is worth between $80,000 & $120,000. $2...

Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...