I just closed a $0 upfront refi with MJW for 3.25% two weeks ago, and rates are most likely even lower now. I liked that as a smaller brokerage they had a good amount of flexibility.
I just closed a $0 upfront refi with MJW for 3.25% two weeks ago, and rates are most likely even lower now. I liked that as a smaller brokerage they had a good amount of flexibility.
I just closed a $0 upfront refi with MJW for 3.25% two weeks ago, and rates are most likely even lower now. I liked that as a smaller brokerage they had a good amount of flexibility.
I just closed a $0 upfront refi with MJW for 3.25% two weeks ago, and rates are most likely even lower now. I liked that as a smaller brokerage they had a good amount of flexibility.
@Curtis Robbins I'm just starting three refinances of single family rental properties, 75% LTV, 4.125%, 30 year fixed.
Just barely missed the lowest rates, which happened on Wednesday Thursday last week. Still will be nice to complete three BRRRR deals in one shot though!
@Curtis Robbins Just closed on a 75% LTV refi ($0 to me) for 3.6% on a jumbo loan with Celebrity Homes. I bet under $400K max loan amount would be way cheaper.
@Curtis Robbins 4.125%, 15 Year AM, 5 Year Balloon, 70% LTV on a duplex re-fi w/ a small, local bank in Columbia, South Carolina.
I have lots of loans with several different small banks and it *seems* that commercial underwriters are tightening up LTV maximums from 75-80% to 70%. At least until things call down. Whatever that means.
Wait....just to clarify, you guys are talking about your INVESTMENT properties refinancing at around 3%? I can't refi around here for less that 4.5 (without points).
Thanks everyone. For what its worth, I just locked in a 2.99/3.25 (with/without a point) with Quicken today for about $2500 on a primary (appraisal waived). Will cost an extra $2500 if I buy the point.
I think this is local or regional. I try to refin my 4-plex locate in California, every banker that I talk to, the rate is above 5% or I need to paid $15k to bring it down to 3.5.