Plus it could be your credit score got a hit if refinancing one or two independent functions

Plus it could be your credit score got a hit if refinancing one or two independent functions

Find informed all of us your interest rate is actually higher for those who was refinancing more than 1 assets, would be the fact correct? We had been waiting to protect on a lower price, towards date is are 3.5, we entitled in order to lock it inside but was indeed informed as the i was investment 2 qualities all of our rates could be high…..was in fact i lied in order to?

While funding a couple of some other qualities, the pace was large for a number of causes, eg you to possessions getting designated due to the fact an extra household otherwise money spent (they both cannot be a primary household). Or are you saying its a two-tool assets? That’ll payday loans Lockhart improve rate.

There are alternatives by doing this, however, truth be told there shouldn’t be a particular laws for refinancing one or two financing compared to. you to. Ask them especially as to the reasons the rate was highest and i want to discover.

I am sorry to learn you to definitely several people had instance a horrible day that have Come across Home loans but my sense might have been the fresh full contrary. Read more