Tag: refinance
-
Find A Bank To Refinance Your Investment Property
For example, let’s say you have a 30-year fixed-rate loan for investment property of $ 300,000 to 5.25% for seven years. Even if you keep the current rate, but are refinanced for a new 15-year loan, the remaining mortgage interest balance will drop from $ 210,850 to $ 135,881. Mortgage interest rates are at an…