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Johanna R.
  • Investor
  • Long Island City, NY
15
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99
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Is this a good rate for a commercial portfolio loan?

Johanna R.
  • Investor
  • Long Island City, NY
Posted Apr 27 2015, 18:36

Hi!

I currently got pre approved for a 250k blanket loan for my 5 rental properties
that are clear + free, I’ve got excellent credit and the terms are:

6.65% for 30 years

75%LTV

1% origination fee

— are these good terms or can anyone direct me to a lender?

Thanks!

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