Does anyone have a good explanation about the difference between Loan Costs and Points? I started the loan process with Wells Fargo for a loan at 4.625 % for an investment property and recently I had someone state tha...

I have a private lender who is asking for an upfront loan processing fee but said it will be reimbursed at closing. The interest rate is 4% is this a SCAM?

Hi all, I recently put in an offer on a 2-family investment house and it was accepted!  I currently live in one half of a 2-family house and rent the other half.  For my current home, we used conventional financing wi...

I have been home loan shopping and looked at a couple different banks. Ill just compare the closest two to make it simple. Bank 1..... If I buy $1620 worth of discount points I can get 3.5% on a 30 yr The main fixed c...

I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?

Hello All!
Fair new here but would appreciate any insight or advice!
I
was previously in the Army and bought a brand new single family home in
El Paso, TX using my VA loan in 2012 for $146k. I moved back to PA
...

I have 400,000 in equity in a deal... I am trying to do a cash out refinance for 160,000 the mortgage bank I am working with is giving me the 160,000 but out of that I am walking out with 75k... 40k towards debt... An...

My wife and I are in the process of purchasing a new build and in the midst of negotiating with our broker for a loan. We were quoted 4% for a 30 years fixed with no discount points or origination fees. I feel this is...

Hey so I’m looking to obtain hard money for a deal I’m interested in within NJ. I was emailed by a lender whom I’ve check using Facebook that wants to loan me 160 at 10.54 for for this deal with me placing 1708. Upfro...

Currently have: 2.999% interest rate on 170K loan of 300K property, 30 yrs fixed (non owner occupied fourplex, purchased 2 years ago)Thinking about this quote: 4.375% with 1% origination fee or 4.875%, 30 yrs fixed, c...