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what are the current rates, LTV, and DTI for non-owner occupies refinances? Thanks.

  • September 11 2010 - San Francisco
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Answers (8)

Depending on the property value but assuming a value of $200K the rate is right right around 4.500% on a 30-year refinance with 75% LTV, 720+ credit score, 45% or better DTI and liquid cash reserves of at least 2+ months of PITI. Some other qualifiers may be in place depending on the borrower...but this is pretty much where the market is today.
  • October 20 2010
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Too many unknowns in this question.  A loan officer would need to know credit score, loan to value, loan amount, etc.  Contact a local professional or drop me a line.

Brian Baker, The Baker Team
  • October 20 2010
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As you can see, when dealing with Non Owner occupied property, the devil is in the details.
Contact someone directly, outline your situation and you should be able to get some answers. 
  • October 20 2010
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A lot more than they used to be. How's that for a clear answer? It depends on whether this a residential property or a commercial property (5 units and up is WAY tougher financing.) Also whether you are a self-employed or a salaried worker makes a huge difference these days. You should definitely contact a good mortgage person. I'd be happy to refer you to a few if you'd like. Just drop me a line.
  • September 14 2010
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Not enough information provided and too many variables.  You can start by requesting a quote on zillow, then I would suggest contacting a loan officer directly for  more detailed advice.

  • September 13 2010
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Definitely going to need more information, if you would like to discuss your options feel free to contact me through my Zillow profile.
  • September 13 2010
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need more information ...
actually a bunch of information is needed to tell you all that you need.

Need many specifics.
Impossible to answer without more information

Sincerely,
Celia
  • September 12 2010
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  • September 11 2010
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