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Recent interest rate on USDA Guaranteed

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Anonymous
Not applicable

Recent interest rate on USDA Guaranteed

Just wondering if anyone has recently gotten an USDA Guaranteed loan and what the interest rate was?

Currently we are scoring at about 650.

 

Thanks!

Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: Recent interest rate on USDA Guaranteed


@claydouglas76 wrote:

Just wondering if anyone has recently gotten an USDA Guaranteed loan and what the interest rate was?

Currently we are scoring at about 650.

 

Thanks!


On Monday, I was quoted 5.5

Message 2 of 7
Anonymous
Not applicable

Re: Recent interest rate on USDA Guaranteed

yesterday i was quoted at 4.625% through the direct program.
Message 3 of 7
WannaHouse
Valued Contributor

Re: Recent interest rate on USDA Guaranteed

Ours was 5.25%, but that was in May.

Kathy


We are finally homeowners!!

Closed May 5th-30 yr fixed at 5.25%.

Message 4 of 7
BungalowMo
Senior Contributor

Re: Recent interest rate on USDA Guaranteed

Are these loans available for those looking to re-fi????

 

I qualify for the guaranteed both in area & income.

BK 7 discharge 06.24.2020 No Fico score at all. Smiley Sad
Message 5 of 7
lostinlala2
Valued Member

Re: Recent interest rate on USDA Guaranteed


We have 650 mids as well and locked this week USDA guaranteed 5.0% with 1.125 points.
Message 6 of 7
WannaHouse
Valued Contributor

Re: Recent interest rate on USDA Guaranteed

I'm sure you can re-fi an old USDA loan for lower rates, but not sure if (for instance) a current FHA loan can be re-fi'd by USDA.

 

Hope that made sense!  Smiley Tongue


Kathy


We are finally homeowners!!

Closed May 5th-30 yr fixed at 5.25%.

Message 7 of 7
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