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Good Rental ARM Rates
May 20th, 2018 10:53 PM
If you want to refinance Rental ARM loans, we still have good rates. Here are a few samples:
1)Cash-out 300k loan to $650k loan, the 7/1 ARM rate is 4.875%.

2)$400k loan, 5/1 ARM 4.5%; 7/1 ARM 4.75% with no closing cost.
$300k loan, for $1000 closing cost with  5/1 ARM 4.5%; 7/1 ARM 4.75% rate.

The above rates are still much better than reset rate of 5%.

Posted in:General
Posted by Eric Fang on May 20th, 2018 10:53 PMPost a Comment

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