@Anonymous wrote:
I'm curious. Did you run your number against various options? A mortgage score of 794 could have gotten you a rate of 3% or so on a 15 yr conventional. Yes, you would have needed a down payment, but that could have been cheaper than the extra interest of paying 5%.
I'm well aware I could have gotten a lower rate WITH A DOWN PAYMENT. I have my reasons for going with this option at this time.
Starting Score: EQ: 478 | EX: 499 | TU: 534 Current Score:EQ: 759 | EX: 805 | TU: 830 Goal Score: 800
