Bill Brady
What's a good loan rate?
Hello Bigger Pockets Family!
I have a quick one for you --> What's a good rate for a 30 year fixed loan on a duplex? I was pre-approved through Bank of America with a 4.5% interest rate but am not sure if that's...
Lily Chen
Loan Rates in NW Indiana
Helloooo~ I am a fairly new investor and I am interested in a duplex for $100-125k in La Porte county Indiana. I have reached out to a few mortgage lenders but most require a 25% down, 4.5-5% interest rate for a 30 ye...
Devin Chong
Small Multifamily Conventional Loan Rates?
I got pre-approved from a lender recommended to me in the Ohio market. But feel the terms are high especially with the Fed lowering their rates recently. It is a fixed 30 year conventional loan @ 5.25% for a 2-4 unit...
Chris Moore
Loan rate for investment property
Hi - I own an investment property would like to do a cash out mortgage to free up some of the equity. The property should appraise at $132K and I have a quote for an 80% LTV ($105K) for a 15Y fixed at 4.125% with $260...
Johanna Kerns
Advice on Loan Rates Needed
I think we found our first deal! We have been pre-approved for $880K at 7.65%. This is buying down a point ($1495+$6000). Credit score of 770.Is anyone seeing better investor rates out there?Thanks!
Nelish Patel
DSCR loan rate is high
Hello everyone. looking for some advice. Found a property I like to make an offer on. Contacted local DSCR loan officer and was told the best rates would be 7.325% with 30% down and that’s with two points. This seems ...
Michelle Williams
Commercial loan rates for refi
Im looking to refinance 2 SFHs that are owned by my LLC. I currently have 15yr 7.50% rates (current LTVs are 51-63%). What are current commercial loan rates and who will refinance, having a hard time finding someone...
Cham Oug
Non QM DSCR loan rates
Hello,
I hope someone can help me with this question! I am closing on a duplex in Wisconsin and the mortgage broker that I am working with, told me that the rate for a 30 year non QM would be at 7.125% does that se...
Jonathan Rabot
Unable to Lock Loan Rate
Hi BP Community,
1st time home buyer currently in escrow. 5 days ago lender suggested to lock rate at 5.99%, which we agreed to lock it in at that rate.
Received a notice today that rate was unable to be locked due...
Dylan Vargas
Loan Rates California 5 plex.
I was wondering what others are getting or seeing for 5 unit or more rate wise. Mine is a 5 unit property. I am only finding 6.5% here in the North part of the state through a credit union. Thank you.