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Updated over 5 years ago on . Most recent reply

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Stefan Hirniak
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Advice on good lenders for Texas Refi-

Stefan Hirniak
Posted

Hi all,

I have a few rentals in Houston TX and wanted to see if anyone has good recommendations for great rates on Refi for 3-4 properties. These are single family homes inside the loop and all have around 70-75 LTV

Currently paying 5-5.3% and hoping to shop around and see if I can slash this.

Let me know if anyone has any suggestions.

Thanks!

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Stefan Hirniak thanks for posting.  Always great to hear from a fellow Texas investor.  Bigger Pockets also has great state forums too.  And the Texas forum is the most active forum they have.  So feel free to post there as well.

Now, are your rates good?  I guess the answer here is that it depends on what loan you can qualify for.  If you can get a Fannie/Freddie loan then chances are there will be savings to these loans.  But if you can only get a commercial/portfolio loan then maybe not.  However, it is certainly worth exploring!  Anyway, hope this helps in some way.  Thanks!

  • Andrew Postell
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