All Forum Posts by: Matt Steele
Matt Steele has started 9 posts and replied 32 times.
Post: Looking to refi at end of year.
Matt SteelePosted
- Investor
- Danvers, MA
- Posts 32
- Votes 6
I currently have a FHA loan on a 2 family home in Danvers, MA.
I was told with my debt to income ratio I would be able to refinance out of my loan into something else to get rid of PMI. Looking to acquire knowledge on all options.
Thank you,
Matt
Post: Question about taking loan credits or not
Matt SteelePosted
- Investor
- Danvers, MA
- Posts 32
- Votes 6
I am sure this has been brought up before.
I am closing on my first property soon and I have the option of taking a half a percent increase. Which would put me at 4.25% in an FHA loan allowing me about 7500 for closing, which is just about what they are estimating I would need.
I will be able to refinance out of the loan into a conventional by the end of the year if I choose to. Getting rid of the PMI.
Any guidance on how to evaluate my options?
Thanks a bunch,
Matt