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Investment property is generally capped at 80% ltv - I’ve got a few lenders that’ll do it at 85% ltv (if rate/term) but it’s knarly pricing at that ltv.
📣 Connect with the MTMG team NATIONWIDE! Start here: 👨💼 greatmortgagebroker.com
🤝Click here to CONNECT to a GREAT AGENT in your area: homeandmoney.com/matt/
I usually Google mortgage calculator and there's a simple calculator that allows you to change the interest rate.
Yep 👍
Do I need to have 20% equity to refinance an investment property? It was bought as a primary with 10% down.
Investment property is generally capped at 80% ltv - I’ve got a few lenders that’ll do it at 85% ltv (if rate/term) but it’s knarly pricing at that ltv.
That was funny:) Google...
😂 crack myself up