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Is this FHA INTEREST rate reosanable

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Anonymous
Not applicable

Is this FHA INTEREST rate reosanable

am about to make an offer on this house and wonder if an interest rate of 6% on a 30 yr loan is reasonabe. our scores are just over 620(mine and DW)
Message 1 of 3
2 REPLIES 2
DallasLoanGuy
Super Contributor

Re: Is this FHA INTEREST rate reosanable

depends on loan amount and fees.

 

my rate sheet doesnt go that high for fha right now.

 

 

Retired Lender
Message 2 of 3
SonorityGenius
Established Contributor

Re: Is this FHA INTEREST rate reosanable

No, 6% seems high unless you got negative points?

 

Current lowest I saw on one lender: 5.25%  0 points

Message 3 of 3
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