Refinancing a 3 Family?

Categories: Mortgage

I bought my 3 family brownstone in Fort Greene about 3.5 years ago with 10% down. I’m still employed, the rental history has been good and Fort Greene seems to be holding it’s value, but my mortgage broker keeps telling me that it is impossible to finance jumbos or 3-families with only 10% down. My rate is 6.25% and I was wondering if I could do better?

By Lisa FG | 02/05/2009 12:57 PM