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Icon Mini Profile seanmcgrew



Joined: 02 Dec 2006

Posts: 2



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PostPosted: Sat Dec 02, 2006 1:49 am    Post subject: refinance

Can I refinance multiple investment properties under on jumbo loan?
 
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Icon Mini Profile mcole
mcole
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Joined: 11 Oct 2006

Posts: 53



18.36 Dollars($)

PostPosted: Sat Dec 02, 2006 6:35 am    Post subject:

Depending on the properties and other factors, you may be able to it with what is called a "blanket" loan. But this is not a typical Jumbo loan. And it can be somewhat costly to do, as each property has to be appraised separately, etc.

Cool

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Loans: Investors, Residential, Commercial – All States
 
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Icon Mini Profile sara
sara


Joined: 05 Jul 2006

Posts: 1206
Location: New Brunswick, New Jersey


223.95 Dollars($)

PostPosted: Sat Dec 02, 2006 10:15 am    Post subject: RE: Refinance multiple investment properties

Hi Sean,

Blanket mortgage will be a good choice; I have heard people making use of these loans while dealing with investment properties. But prior to going for such a loan consider looking into the eligibility criteria and the costs involved.

For more information please visit this page.
Thanks,

Sara
 
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