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Updated over 6 years ago on . Most recent reply

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Anson Lau
  • Sugar Land, TX
8
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30 fixed / 30 am portfolio loans

Anson Lau
  • Sugar Land, TX
Posted

Has anyone encountered any lenders who offer 30 Year Fixed/AM on portfolio loans?

Most I have talked to are 20-25 year AM with a balloon.

I found a 30 year fixed - but the fees are crazy and interest rates well over 6.8%.

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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

@Anson Lau the answer here is yes, but it would take a lot of calls to find it.  It is not common for sure.  We have a pretty active Texas forum here but have you visited with any real estate groups in your area?  You might find a solution from a local person. Just brainstorming here but maybe some of those suggestions might get you pointed in the right direction.

  • Andrew Postell
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