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Updated about 6 hours ago on . Most recent reply

Jay Chun's profile image
Jay Chun's profile image
Jay Chun
  • Member since Oct 5, 2023

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Jay Chun's profile image
Jay Chun's profile image
Jay Chun
  • Member since Oct 5, 2023
Jay Chun
9
Votes |
12
Posts
Buying & Selling Real Estate

Current DSCR rates

Jay Chun
Posted

Hi all. My lender quoted me 7.55% for a loan on single family unit in Cleveland. Is this the going rate? I saw one online offering 6.3 but not sure if it’s real. Did rates go up from last year? 

What rates are others getting for single family unit purchases?

Thanks,

Cleveland, Ohio
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Samuel Diouf's profile image
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Samuel Diouf
  • Real Estate Agent
  • from Columbus & Cleveland, OH
  • Member since Sep 24, 2023

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Samuel Diouf's profile image
Samuel Diouf's profile image
Samuel Diouf
  • Real Estate Agent
  • from Columbus & Cleveland, OH
  • Member since Sep 24, 2023
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,724
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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Hey Jay, I have a handful of lenders who've been giving out better rates than that... conventional and DSCR.

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Reafco - Samuel Diouf
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