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Michael Dolan's Answers


Jumbo Loan Refinance
You might not want to get another Jumbo loan. You may be better off with a conventional loan for $417,000 as a first mortgage and a second mortgage for the rest. It has to be done right. Details matter.
Can I get a 4.0% Home refinance rate?
I'm closing a 15-yr fixed home loan this at 3.375%, no points
I would like to refinance my commercial real estate loan (5 units). I owe $197,000. The property is worth about $535,000. I'm looking for a ten or fifteen year fixed. Thank you.
Robert: I specialize in small multifamily. Need more details to get to a price. I also have alternate loans that require less documentation. Call 503-895-5428
Jumbo loan with 10% down???
Hello, Shelly. I am doing such a loan now. I have several options. Call 503-895-5428. Michael Dolan, BrokerPro Mortgage.
I'd like to talk to a loan person to see how much I can qualify for. I have zero debt aside from car payment (lease) and my credit score is 740. Please contact me.
Preston,Good morning. Happy to help. Because I am thorough and professional, my pre-approval letters give you a negotiating edge. www.brokerpromortgage.com-- Michael Dolan, 503-895-5428
I would like to pull equity out of an existing rental property (paid off) to purchase more rental property. What is the best way to do this?
This is a common practice. If you have strong tax returns for the past two years, you can get a conventional mortgage re-finance loan. If not, there are alternate lenders that do not require you to state your personal income. Property needs to be rented. Rate is a little higher. I can do either for you. Mike...

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