Cash out refinance

QQ.com
楼主 (北美华人网)
现在的利率涨起来了吗?我想做cash out refinance, loan amount 大概54万, agent给的利率3.125 no point no fee. 30years fixed rate 。不知道该不该做。
Skyisthelimit
回复 1楼QQ.com的帖子
My agent quoted me 2.25% for 15 years and 2.75% for 30 years for amount the same financing amount, primary home not investment.
QQ.com
回复 2楼Skyisthelimit的帖子
你的是要拿钱出来的refinance 吗?
Gr4ce
你的是投资房吗?利率这么高。 去Aimloam.com 拿个Quote吧
T
TeddybearBB
cash out 的refinance比普通的refinance要高不少个point,这笔钱拿出来有把握长期投资超过5%,那就拿出来,否则不值得的
梦里一生
回复 1楼QQ.com的帖子
My agent quoted me 2.25% for 15 years and 2.75% for 30 years for amount the same financing amount, primary home not investment.
Skyisthelimit 发表于 2021-02-22 14:21

这个利率是以前lock的吧?否则太好了。
QQ.com
都不是,是我现在的自住房,不在好学区,需要套现一些钱出来做首付,到好学区买个房子,小孩子们都有上学了,希望搬到好学区。南加的房子都不便宜啊。现在住的房子以后就出租出去。
bear2012
都不是,是我现在的自住房,不在好学区,需要套现一些钱出来做首付,到好学区买个房子,小孩子们都有上学了,希望搬到好学区。南加的房子都不便宜啊。现在住的房子以后就出租出去。
QQ.com 发表于 2021-02-22 15:56

if you don't live in that house in next 12 months, you can only apply investment property refi, doesn't matter it was primary or not. My investment property cash out refi is 3% with $200 lender credit, no point no fee.
bear2012
cash out 的refinance比普通的refinance要高不少个point,这笔钱拿出来有把握长期投资超过5%,那就拿出来,否则不值得的
TeddybearBB 发表于 2021-02-22 15:28

I have 2 loan underwriting now, one is cash refi, the other is not. No big difference, only lender credit rate is slight higher, get $700 more lender credit.
梦里一生
if you don't live in that house in next 12 months, you can only apply investment property refi, doesn't matter it was primary or not. My investment property cash out refi is 3% with $200 lender credit, no point no fee.
bear2012 发表于 2021-02-22 16:02

If the refi was done when it was primary. Several month later, after it is changed to investi property, how can the lender force you to do the refi again?
bear2012
If the refi was done when it was primary. Several month later, after it is changed to investi property, how can the lender force you to do the refi again?
梦里一生 发表于 2021-02-22 16:07

$10K fine as loan fraud. Ask your lender agent to find it out, don't argue with me.
ready
Cash out 总是有rate hit,我记得贷多一点利率还可以更低。你可以先cash out 出来,六个月以后再refi利率就没有hit了。但是自主变出租需要自主12个月才能留这个利率。
QQ.com
Cash out 总是有rate hit,我记得贷多一点利率还可以更低。你可以先cash out 出来,六个月以后再refi利率就没有hit了。但是自主变出租需要自主12个月才能留这个利率。
ready 发表于 2021-02-22 16:29

谢谢给的信息,现在的时间点很麻烦,不知道房子什么时候才买到手,但是如果现在不拿钱出来准备着,看到合适的房子也买不下来。现在的利率涨起来了,再等下去也不知道是怎么回事了。
bangobunny
我觉得你应该 因为会继续涨的