According to both lenders over 660 for FHA gets you the highest rate but I've been quoted today 4.375 and in 2/13 3.99, neither of these are close what others with 660 or less scores and no credits/points are getting
Yes we do. I really like the guy I'm working with, but this is going to end up costing me a bunch over the life of the loan.
I was actually beginning to question if he was pulling the ole car loan special, where the guy makes extra money by convincing buyers of a higher rate than he was quoted by the banks.
If you like working with the guy, I'd stick to him. I don't mean to cause ripples since I'm just looking at what rates are on my end. Rates are fair and competitive, timing is a big thing since we are in a rising rate environment.
Dallas ,the quote I got on Friday was a 4.375, I have a locked in rate if 3.99 wih another lender who today sent disclosures that were way different than initial as in> 200 month increase , not sure what to do at this point
@Sbrooks1 wrote: Dallas ,the quote I got on Friday was a 4.375, I have a locked in rate if 3.99 wih another lender who today sent disclosures that were way different than initial as in> 200 month increase , not sure what to do at this point
hard to say. maybe the increase is based off estimated taxes or something.
