Financing in 23059>Question Details

Neil Suffa, Home Seller in 23227

Looking for private mortgage lender for Condo...

Asked by Neil Suffa, 23227 Wed Mar 27, 2013

I am currently in the 4th year of a 20 year owner financed mortgage for a Condo. Mortgage balance is about $82k. I have good credit, excellent income but comps for the condo are really low because only sales have been foreclosed properties over the last couple of years. I would like to refi to a 15 year fixed to take advantage of current mortgage rates and would be interested in doing a 15 year with a 5 year balloon to limit the private lenders interest rate risk when rates increase over the next couple of years... Anyone know of any lenders who works with condos with the above criteria

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Ali, Community manager
0 votes Thank Flag Link Fri Apr 5, 2013
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