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two 8 unit multi family buildings

Hello,I would like to know if your company can do 'rate and term' refi's for two 8 unit multi family buildings. The owner's credit scores are in the mid 700's and LTV's are around 60%. Loan amount on one is around $300k and the other is around $275k. He is willing to cross collateralize the loans if necessary. I am trying to find a rate in the 5's on a 5 yr fixed....Is that possible?Thanks,Ray AntonBest Service Real Estate Solutions4491 S St Rd 7 # 102Davie, Fl 33314Office 954-332-0143Fax 954-252-4554 miami,FL | May 24th 2010
by ray anton
Answer


by LouisJ

Yes Ray I can do those. The rate will be around 6% because of the low loan amounts.

May 25th 2010
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