Rental SFH - Lender Recommendations

Houston, TexasWantProfessionalsLender
Classifieds
10moFollow

Rental SFH - Lender Recommendations

Member since 2018 · 2 posts · 0 votes

Offer accepted on a property in Harris County, I'm getting investment property options:

30 year conventional

Better: 7.125% (with 0.739 points) 

Chase: 8.125% (unsure points - assume 0)

Anyone have lender recs? 

0Reply
64 views

3 Replies

Jump to latestLatest
  • Derek BrickleyBusiness Member
    Lender · Ann Arbor, MI · Member since 2021 · 676 posts · 229 votes
    10mo

    Hey Saad! 

    If you'd like to look at some other possible options feel free to reach out. Every deal is a bit different, but depending on price and scenario there are other ways to structure it to lower the rate and/or costs sometimes.

    Gold Star Mortgage Financial Group548 Reviews
  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    10mo
    Quote from @Saad Khan:

    Offer accepted on a property in Harris County, I'm getting investment property options:

    30 year conventional

    Better: 7.125% (with 0.739 points) 

    Chase: 8.125% (unsure points - assume 0)

    Anyone have lender recs? 

    Hey @Saad Khan, welcome to the BP Forum! What's the LTV and your credit score?

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    10mo

    @Saad Khan - Should be able to get a rate in the 6's.  Reach out and we can discuss.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.