Compare Mortgage Quotes

Niicss · Posted: Tue Apr 14, 2009 2:57 am Post subject:

Hi biggdeebee,

You have a good credit score. I appreciate that. Apart from this, the lender will check if the property has equity or not. If there is equity in the property, then you should not face problems in refinancing the loan.

Thanks.

gmakerley · Posted: Tue Apr 14, 2009 9:17 am Post subject:

your score affords you the best of rates - if they tell you there are add-ons for that, you need to raise a ruckus again.

i'm gratified that you've been able to eliminate that 1.75 add-on. it never should have entered the discussion to begin with.

Guest

Thanks for all the help with this. Finally lock in my rate for my refi. 30 fixed at 4.75% with 1 point for a 3 unit building so I added the 1 point onto the rate and locked in at 5% with no points. My current loan was at 7.25% so I'll be saving $1100 a month!!!! Thanks for all the info it was greatly appreciated.

adonis · Posted: Tue May 05, 2009 8:46 pm Post subject:

Hi biggdeebee,

It's great to hear that you would be saving $1100 a month. Smile

Congratulations!!!

Feel free to post if you have further queries regarding mortgage or other financial issues. The members/experts participating here will try to answer your query.

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

Thats really a good savings and glad you are able to finance at a good rate.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours
Previous 1, 2
Page 2 of 2

Compare Mortgage Quotes

1.75 point charge for investment property