What are the best loan options for me?
This is going to be my third house and it’s a townhouse in Brooklyn. My budget is between $1.5M to $2M for a one to two-unit home. I plan to rent out my primary home and buy a bigger house since our family is growing. Income is $300k a year and no debt except two mortgages. Credit score is above 800 and we can put down at least 20%. What are the best products out there given my situation? by stuchley705 from Aliso Viejo, California. Sep 27th 2022
Dave Skow (daveskow)
#15 ranked lender in Washington - 455 contributions
thanks ...if you plan to carry the debt long term or indefinitely - use a 30 yr fixed loan ....jumbo loan rates are lower than conforming rates right now .....get pre approved before making an offer or if you already have a contract - get the loan in place and the rate locked - good luck
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