Updated over 9 years ago on . Most recent reply
Financing help
Hey BP,
I am talking to a portfolio lender to hep get my 2nd deal financed. Can you guys help me translate this info that he sent me??:
10% down
Interest Rate: 3.925%
Origination Fee: 0.25%
5/1 ARM
30 year amortization
2.50% margin over the LIBOR 1 Year rate
2/6 Caps
- Cassidy Burns
- [email protected]
- 540-960-1507