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Stephanie P.
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#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
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We're finishing strong! What did we do this year? US Commercial

Stephanie P.
Pro Member
#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Posted Dec 5 2018, 06:58

2018 is proving to be a great year thanks to you and the Biggerpockets community

What was hot (and still is)?

  • Short seasoning refinances-  Refinancing investors out of their hard money/renovation money for their buy, fix and hold their investment
  • Cash out refinances-  No hit to the rate for cash out regardless of the amount
  • Washington DC metro area-  Values have skyrocketed improving equity
  • No income verification-  No tax returns, no profit and loss statements, no paystubs or W2's
  • Average rates 6.74% on a 30 year fixed

Thanks to all of you for making this our best year ever!

Stephanie

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