Are there any sources of low interest (5-6%) 30-year fixed financing other than a bank?
Answers (3)
BEST ANSWER
No - any alternate financing source will be a higher rate, unless it's your grandparents. Stick to bank financing. If you can't qualify, look to seller-carried financing, which could be similar rates, or slightly higher.
Sam DeBord
Seattle Real Estate
You can go through a Mortgage Broker and obtain rates under 5% and 30 year fixed, if you have good credit...You have to have an experienced Mortgage Broker that can lock at the right time.
Web Reference: http://www.marblestonefunding.com
FIRST ANSWER
No. You can find private money if you've got gold plated credit. It can be 30 amortization but will have a call in 3 to 5 years.
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Answered Wed Feb 18 2009, 20:34 by Sam DeBord - Seatt… in Puyallup
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