Updated over 9 years ago on . Most recent reply
Looking for bank for refi
Hello Everyone,
Can anyone recommend a bank with good cash out refi lans/fees for rentals? I have a rental in CA with low LTV and one in Idaho with high LTV. I want to take cash out of the CA and use it to refi the Idaho down. Both are on adjustable loans currently and I want to rate/term refi to 20 year or 30 year fixed.
The one bank I have already that can do it is quoting $12K in loan costs for both! This seems high to me.
Thanks,
James