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i want to but a 450,000 dollar 8 plex and put down about 20-25%. what's the best rate of mortgage per month?

by Peter de Schweinitz from , Utah. Sep 27th 2011 Reply


Joe Becker (joe@beck5financial.com)
#29 ranked lender in Ohio - 5 contributions

Peter,There are some great rates out there right now, many through national direct lenders.You will find them at anywhere from 4.85% to 5.75% (5 year fixed), with 25 year amortizations and standard fees.Joe@ beck5financial.com330-397-5211330-757-2207www.beck5financial.com

Sep 27th 2011
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Rudi Hofmann (CaPortfolioLoans)
#281 ranked lender in California - 380 contributions

This is a commercial loan. Commercial loans have different criteria than residential loans. LTV and rates are determined after the lender has performed their preliminary due-diligence. I have some good information on my website. .... Happy funding, Rudi

Sep 29th 2011
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