REFI To Lower Rate Investment property Loan

REFI To Lower Rate Investment property Loan

Vienna, VA · Member since 2016 · 10 posts · 0 votes

Any recommendation for a lender(license in DC) who can give a competitive rate under 3.5 for REFI  to change the rate for an investment property?

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  • Lender · Washington DC · Member since 2015 · 2k+ posts · 2k+ votes
    5y

    Conforming conventional full doc SFR non owner middle FICO 742 30 year cash out zero points for the next five minutes is 4.5. If your loan is small it won't make financial sense to buy the rate down that low. this is not a commitment to lend, Fannie and Freddie are not purchasing investment loans. There are lots of lenders but not your target rate.

  • Vienna, VA · Member since 2016 · 10 posts · 0 votes
    5y

    Thanks it makes sense.

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