Refi out of Hard Money Loan

[Yash Ranadive]

I'm rehabbing a property that I bought in Mesquite using Hard Money. The property will finish rehab Apr 17. Now, I want to refinance out of that property using a lender/bank. I'm working with a bank who will refi it but the rates are too high 5.5%. What's a good interest rate I can get for such properties?

Who have you folks used as lenders for such refis? Many thanks in advance.

[Ken Jernigan]

Some credit unions do, some don't. You just have to ask. Many won't fund repair costs, and need at least six month seasoning. 75% LTV and no LLCs. Start dialing for dollars.