12-27-2012 08:24 AM
Using a local mortgage broker, offer on house in NH is $195k w/ 5% down. All clear so far, and figured I would just get some feeback on the rate. Which is 3.5% for 30 years.
My latest TransUnion on myFICO dated 12/02/2012 is 804. My wife's 801. The broker saw slightly higher scores, like 807 or something.
3.5% a good rate?
12-27-2012 09:21 AM
before end of Jan is the goal, real estate agent put "Jan 28th or sooner" on the offer.
Considering I'm only putting 5% down, I fig 3.5% is in line, but always worth an opinion or two
12-28-2012 02:37 PM
we cannot comment on rate or fees without knowing BOTH.
rates and lender fees go hand in hand
01-02-2013 09:31 AM
Lender Fee: $990.00
Attorney Fees: $850.00
Owner's Title Insurance: $490.00
Lender's Title Insurance: $465.00
Credit and Flood: $10.00
Transfer Taxes: $1,462.50
Government Recording Fees: $450.00
Lender's Credit: $2000
Confucious.... lol.... who's that?
Get busy with the facts
No zodiacs or almanacs
No maniacs in polyester slacks
Just the facts
Gonna kick some gluteus max
It's a parallax... you dig?
You move around
The small gets big
It's a rig
It's action... reaction
So who's afraid
Of a little abstraction?
Can't get no satisfaction
From the facts?
You better run, homeboy
That's a fact from Nome to Rome
-- RUSH, Roll The Bones, Roll The Bones
01-02-2013 10:37 AM
with only $990 in lender fees, 3.5% is a smokin' deal....
can you still get it?
01-02-2013 10:40 AM
01-02-2013 11:44 AM
Locked it in on Monday
Had the option to go 3.375%, but no lender credit. Gonna need a few things, so $2k back at closing will come in handy.
Thanks everyone, and Happy New Year!!!
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.