Whether or not you should refinance is driven by a number of factors. The easiest way to determine if you SHOULD, is to let me do an analysis of your current loan and available options. I have done several loans where the value of the property was actually better than what the borrower thought it was. For a free analysis, reach out to me directly, I'm licensed in Georgia and would be happy to help. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.
Lenders are have reserved lending practices because of economy and where it might wind up. In this market credit score means a lot. Rate and its cost can truly vary by your credit. Right now 75% is highest lenders will go on investment properties, for most part. Your cost down will be determined by cost of rate and closing costs
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