Updated about 5 years ago on . Most recent reply
Feedback on potential loan option
I am getting a loan from a HML for $650,000. 4.5% interest for fixed 30 years with 2 points.
Paying only initiation fees, 40% of which need to be paid to initiate the loan and the other 60% can be rolled into loan payments.
Just wanted to get some opinions on whether or not this is a good option.
Any feedback is appreciated!
Thanks