Friday Real Estate Mortgage Update

Info Provided By — Chad Emerson

As of today you can pretty much buy a 1-4 unit property with the following rate ‘n terms.

Your interest rate will be 5.25% — it’ll be a 30 year fixed rate loan. It’ll cost ya a point.

Your loan related closing costs, you know, appraisal and the like, will vary depending upon the property type, its location, and the rest of the normal stuff. Chad’ll get you a Good Faith Estimate (GFE) almost faster than you can ask for it. It’ll have all the info you’ll ever need.

This is the lowest rate I’ve seen for quite some time — many years in fact.

I’ve closed and have pending a couple commas worth of loans with Chad — which is my way of sayin’ he’s the guy ya wanna talk to when it comes to purchase money loans in 1-4 unit residential income property, or maybe just a simple refi — or six. :)

If ya wanna talk with him, click the link I’ve put on his name up top. Meanwhile, if ya need to talk with the BawldGuy619 889-7100 will get it done. Have a great weekend.

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About Chad Emerson

Chad Emerson
Senior Loan Officer
Investment Property Specialist
Patriot Bank Mortgage
NMLS I.D.#: 232133
PH: 210.557.6320
OFFICE DIRECT: 210.236.4713
13750 San Pedro, Suite 620
San Antonio, TX 78232

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