$5k in closing costs and $1.5k in prepaids. The cash out refinance amount is $75k at 5.9% interest rate. This is for a tenant-occupied investment property.
Does this seem reasonable? Closing costs seem excessive to me, should I mandate the lender to sweeten the deal or I’ll drop her?
submitted by /u/DeafSwimBikeRun
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$5k in closing costs and $1.5k in prepaids. The cash out refinance amount is $75k at 5.9% interest rate. This is for a tenant-occupied investment property. Does this seem reasonable? Closing costs seem excessive to me, should I mandate the lender to sweeten the deal or I’ll drop her? submitted by /u/DeafSwimBikeRun [link] [comments]
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