I am interested in an interest only loan refinance on a property value of 2,500,000. Loan of 1,350,000 for thirty years. What is your rate by Danny Jordan from Surprise, Arizona. Apr 26th 2021
No legitimate lender should give you any quote with this limited information. Loan program, credit scores, loan term, debt ratios, and more all affect rate. From there, you also have rate and cost choices. You can get a lower rate by paying higher closing costs. You can get lower lower closing costs by paying a higher rate... Without knowing all these variables, and having a conversation with the client, any rate given to you is meaningless junk. Contact a local mortgage broker in your area. I lend in MN WI IA ND SD. I can be found at JoeMetzler.com - Cambria Mortgage, NMLS 274132
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