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Best Place to Find a Mortgage?
Posted on 5/22/25 at 11:19 am
Posted on 5/22/25 at 11:19 am
I'm in the Baton Rouge area. Trying to buy a small investment property. 20% down conventional. I've called Hancock Whitey and Red River so far, as I think I remember local banks being the best places to call. Is this still the going advice or are there other avenues I should reach out to for better rates, lower closing costs?
They're basically offering 7.5% interest with approximately $5k closing on 30 year loans. 800+ credit.
They're basically offering 7.5% interest with approximately $5k closing on 30 year loans. 800+ credit.
1
Posted on 5/22/25 at 11:55 am to BeerMoney
The local banks will likely offer a commercial mortgage with a 5 year lock/baloon.
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