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Updated over 3 years ago on . Most recent reply

User Stats

58
Posts
26
Votes
Jim Butterfield
  • Rental Property Investor
  • Cornelius, OR
26
Votes |
58
Posts

Refi Loan costs are through the roof

Jim Butterfield
  • Rental Property Investor
  • Cornelius, OR
Posted

So what's the real reason refi on investment property is soooo outrageous? I'm doing a refi on my personal home, cost about $1200-$3k. Now I'm getting quotes on my 4plex and they want $11k-$14k loan costs. 

Most Popular Reply

User Stats

255
Posts
118
Votes
Kyle Keller
  • Realtor
  • Honolulu, HI
118
Votes |
255
Posts
Kyle Keller
  • Realtor
  • Honolulu, HI
Replied

@Jim Butterfield

Fannie Mae Freddie Mac reduced the number of investment loans they're buying, so that has a factor on investment loan costs.

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