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Updated over 5 years ago on . Most recent reply

Todd Snyder's profile image
Todd Snyder's profile image
Todd Snyder
  • Rental Property Investor
  • from Wooster, OH
  • Member since Jun 24, 2018
  • Posts 44
  • Votes 18
  • Experience 6 Yrs
  • Investments 2
Connect

User Stats

44
Posts
18
Votes
Todd Snyder's profile image
Todd Snyder's profile image
Todd Snyder
  • Rental Property Investor
  • from Wooster, OH
  • Member since Jun 24, 2018
  • Posts 44
  • Votes 18
  • Experience 6 Yrs
  • Investments 2
Connect
Todd Snyder
  • Rental Property Investor
  • Wooster, OH
18
Votes |
44
Posts
Buying & Selling Real Estate

Understanding Refinance for a duplex

Todd Snyder
  • Rental Property Investor
  • Wooster, OH
Posted

I'm working on a Refinancing a duplex right now, and my loan officer asked what interest rate I wanted? After asking what he meant, he proceeded to tell me that the more I payed the lower my interest rate would be. However, this amount will not be taken off the loan amount (in other words a fee). Is this normal? Am I misunderstanding what he is saying? 

  • Todd Snyder
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