Mortgage Loans

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Regular Contributor
OneMortgageGuy
Posts: 255
Registered: ‎06-08-2007

Re: Mortgage rates

Options

‎09-04-2007 01:54 PM

What kind of BK and how old?
flyers wrote:
Given the current market lending conditions are these fair rates from the lender? Or am I being fleeced?
 
I have 0 down payment & score of 680.     House is $270K.  These rates were quoted to me on Thursday.
 
30yr fixed: 7%  and $216 PMI
30yr fixed: 7.5% and $133 PMI
30yr IO fixed: 7.875%  and $133 PMI
 
I see things online for like 6.5% or less but I don't know if it is having zero down and/or my score & past BK that are giving me the higher rate.  I asked if my score was 700 would the rate go down and she said no.


Message Edited by flyers on 08-07-2007 06:43 AM

Message Edited by flyers on 08-07-2007 06:43 AM

Message 11 of 11 (815 Views)
 
Reply

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
www.myfico.com is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+