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Updated 11 months ago on . Most recent reply

Sam Chan's profile image
Sam Chan's profile image
Sam Chan
  • Member since Dec 11, 2021

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Sam Chan's profile image
Sam Chan's profile image
Sam Chan
  • Member since Dec 11, 2021
Sam Chan
10
Votes |
24
Posts
Private Lending & Conventional Mortgage Advice

Investment property refinance

Sam Chan
Posted

I purchased the investment property in May and was told that I have to wait 6 payments before I can refinance. Why do I have to wait if I am only doing a rate and term refinancing.

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Brandon Croucier's profile image
Brandon Croucier's profile image
Brandon Croucier
  • Lender
  • from Nashville, TN
  • Member since Feb 16, 2024

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Brandon Croucier's profile image
Brandon Croucier's profile image
Brandon Croucier
  • Lender
  • from Nashville, TN
  • Member since Feb 16, 2024
Brandon Croucier
  • Lender
  • Nashville, TN
279
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Brandon Croucier
  • Lender
  • Nashville, TN
Replied

So the lender keeps their commission haha.


You can use your purchase value to refi down if you like.

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