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Company Loan Type APR Est. Pmt.

Refinance of rental property

Posted on: 15th Sep, 2010 10:28 am
i own a mixed use property in ny and i would like to refinance the loan given the low rates. i have approx. 50% equity in the property. my current rate is 7% fixed 15yrs remaining. where can i get a good refinance rate: big bank, broker?
Hi Guest,

It is good to note that you've equity in your property. This will make it easier for you to qualify for a refinance on your rental property. You can contact the local lenders and apply for a mortgage. Depending upon your financial and credit situation, you will be able to get a mortgage. This community has a large number of mortgage lenders. You can seek a no obligation free mortgage quote from them and check out whether or not you'll be able to get a loan.
Posted on: 16th Sep, 2010 01:11 am
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