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What is the current interest rate for a cash out refi on two investment property worth 190,000?

by rita_n.wilson632 from Amarillo, Texas. Jan 7th 2014 Reply


Henry Daniels (HenryJDanielsNationalMortgage)
#11 ranked lender in Texas - 145 contributions

Hi Rita, I'd be glad to answer your question. The Rate on any loan depends on several factors in addition to Market volatility. Please contact our office and we'd be happy to take an application for you so we have all of the factors and quote you an accurate rate.

Jan 7th 2014
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

The rate on any loan is based on many variables: ltv, credit score, type of property, length of the lock, amout of fees being paid, etc. If you will send me additional information on what you'd like to do I can give you a more accurate estimate. pdumouchel@primelending.com

Jan 7th 2014
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Robert Hanson (rhanson)
#38 ranked lender in Maryland - 646 contributions

As mentioned, a variety of factors affect the rate. make sure you get quotes from a few places to ensure getting the best deal. I'm happy to help with the financing or just give you advice. So if you need more information, or a competing rate quote you can go to my web page, call or email. and use my live support button to discuss or get advice on anything at all with me. Web Address is: http://www.loansfromrob.com/quote/ Email is rhanson@gladewaternational.com and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Jan 7th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

No loan officer with any integrity would quote you an interest rate with the limited info you provided.. That being said, rates are still low, but they are on the rise.. if your serious about refinancing your 2 properties, then the best advice I can give you would be to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 7th 2014
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

The rate, loan to value and term depend on factors such as property income, property type and location, as well as credit and income of the borrower.

Jan 7th 2014
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Leticia Botkin (leticia.botkin)
#112 ranked lender in Texas - 6 contributions

That's a loaded question. To many variables. Your credit score, What you owe on them. Do you want individual loans? Are they on one loan now. How many properties do you own now? How much do you want to borrow. 5.25 is a guess for 30 years 15 yr 4.875. Call me if I can help. I'm in Amarillo. 806-356-9559 Leticia Botkin

Jan 7th 2014
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Much more information is needed about your current financial position to determine if you are eligible. Contact a local lender to determine the current interest rate base don your position.

Jan 7th 2014
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