"5% par.. as of today. meaning without any discount or origination points........you pay almost a point for a rate of 4.75% as of today. You can email me at xxx@xxx.com. Would be glad to send over some estimates for you to understand. ADMIN NOTE : Signatures are not allowed by non-Premium Members."
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"Thanks Jason......I got it, its very much there a 1.75% adjustment for NOO , but was not sure what that was for....thanks a lot everyone :-)"
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"i JUST PRICED A FEW NOO PROPS, WITH AMTRUST AT 75% AND DID NOT FIND ANY EXTRA HIT THOUGH. GOT A REGULAR PRICING AT 5.375% PAR. i GUESS ITS ONLY WITH CERTAIN LENDERS , NOT ALL, IS IT?"
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"I came across this term [delivery charges of about 1.25%- 1.5%] is levied on all investment property refinances. The property in question is in UT. The interest rate will therefore be higher than the par for a NOO property refi with a score of over 720. Anyone aware of what this means?"
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