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Updated almost 2 years ago on . Most recent reply

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Mike Griffin
  • Investor
  • Greater Boston, MA
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73
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Lender Fee - How Much?

Mike Griffin
  • Investor
  • Greater Boston, MA
Posted

What are you seeing for Lender Fees now? I’m borrowing on a 2 family for a New Hampshire investment property. Being quoted $1500 which seems high. 7.45% rate with 1 point charged. 

  • Mike Griffin
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    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
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    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    Replied
    Quote from @Mike Griffin:

    What are you seeing for Lender Fees now? I’m borrowing on a 2 family for a New Hampshire investment property. Being quoted $1500 which seems high. 7.45% rate with 1 point charged. 


     Separate than the "point"?  One thing that makes comparisons hard is the different names for fees, etc - and if its a buy down of rate and all that stuff.  Can really only judge with the whole picture

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    Harpoon Capital

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