Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 10 months ago on . Most recent reply

User Stats

80
Posts
5
Votes
Kent Kettell
  • Catlett, VA
5
Votes |
80
Posts

Looking for Lender

Kent Kettell
  • Catlett, VA
Posted

Looking for a lender who offers interest rates of 12% or below.

Looking for

Most Popular Reply

User Stats

208
Posts
102
Votes
Connor Hibbs
  • Lender
  • Farmington, CT
102
Votes |
208
Posts
Connor Hibbs
  • Lender
  • Farmington, CT
Replied

Hi Kent,

This should not be an issue as most rehab loans tend to fall in the 10-12 range based off experience and DSCR rates currently range from the high 5's to mid 8's depending on FICO, type of property, and LTV. The majority of rates for DSCR loans that I've quoted tend to fall in the high 6's to low 7's with a 720+ FICO and max LTV.

If you have a scenario in mind, I'd be happy to give you some rough quotes.

  • Connor Hibbs
  • [email protected]
  • 860-750-0809
  • Loading replies...