(800) 371-6669

Loan Information

Interstate Funding Group is a full service nationwide lender specializing in residential, commercial, land, and agricultural loans. Interstate Funding Group manages a substantial private money investment portfolio available for bridge loans, short term debt restructuring, and equity loans for a variety of other situations secured by real property.


Refinancing Options

SITUATION

Holding the property indefinitely

Unsure about the time property will be held

Holding property no more than 2 to 3 years

Type of refinance

Full-Cost

No Points

No points-No fees

Interest rate

5.50%

6.00%

6.50%

Third-party fees

$2,500.00

$2,500.00

0

Loan points

$1,550.00

0

0

Pro-rated interest, taxes, and insurance

$1,000.00

$1,000.00

$1,000.00

New loan amount

$155,050.00

$153,500.00

$150,000.00

Principal and interest payments (30 year fixed rate)

$880.07

$920.31

$948.10

 


Daily Rate Info Here