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And it is that credit rating grabbed a knock if the refinancing a couple independent characteristics

Look for informed united states your interest try high for those who is refinancing over 1 assets, would be the fact real? We were waiting to protect from the a lesser price, for the day is is 3.5, i titled in order to lock it from inside the however, was basically informed as we was in fact capital dos characteristics our price would be highest.....was basically we lied in order to?

When you find yourself capital one or two some other qualities, the pace might possibly be higher for many factors, including that property becoming appointed just like the a second household or investment property (they both can not be an initial residence). Or will you be claiming it is a two-equipment assets? That could boost the speed.

You can find options this way, but there really should not be a certain signal for refinancing two financing against. one. Ask them especially as to the reasons the interest rate are high and you will allow me to know.