Already rate locked. Haven't closed. BIG score improvement

[Anonymous]

Just had another thought, DW's scores were above 640, don't remember if they were above 660, but if they aren't they would use her mid score and it wouldn't change that much. Her scores aren't in like the 700s or anything.

[skigirl916]

Another inquiry shouldnt hurt if the original pull was within the last 30 days.

But I understand your fear. My score just shot up 10 points, crossing me over a threshold into a better rate, and I'm too scared to screw with it. But, I'm at 3.5%. For that point difference, I might...

[Anonymous]

Last pull for the mortgage was in December.

[Anonymous]

Not trying to thread jack or anything but my credit scores were about the same as yours. I am going with a VA loan and my rate was 4.125%. My mid score was 644 i believe, does the type of loan really affect your rate that much?

[jfg1022]

Our mid scores were in the 640s and we were quoted 4.1% worst case..

[Anonymous]

DW decided she didn't want to risk it. We can afford the extra $100 a month so its unfortunate to waste the money on higher interest but the bottom line is that we've been renting for all 13 years we've lived together, we're ready for this next step. We'll look into a refi this fall.

[frugalQ]

at the end of the day, we have to do what's best for our own individual situation.  congratulations!!!  let us know how closing goes!

[Anonymous]

If nothing else it's good to know that as long as I keep on gardening after this a refi should be no issue. Lol

[frugalQ]

Agreed!!