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spinoff to 30 year mortgage

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anjerandunder
Positive thoughts worked!!!

Member since 6/06

1909 total posts

Name:
J

spinoff to 30 year mortgage

i'm being quoted 6.6 % with 1 point and dh and I have awesome credit..are we getting screw**?

we're doing 100% financing..not sure if that matters

Message edited 4/11/2007 1:45:00 PM.

Posted 4/11/07 1:41 PM
 
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Akajt98
Sooo Excited

Member since 6/06

2252 total posts

Name:
Jill

Re: spinoff to 30 year mortgage

Posted by anjerandunder

i'm being quoted 6.6 % with 1 point and dh and I have awesome credit..are we getting screw**?



Is that on a 30 year fixed? If so seems high.

Posted 4/11/07 1:42 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: spinoff to 30 year mortgage

yea that seems wicked high

Posted 4/11/07 1:43 PM
 

anjerandunder
Positive thoughts worked!!!

Member since 6/06

1909 total posts

Name:
J

Re: spinoff to 30 year mortgage

yes its a 30 yearChat Icon

Posted 4/11/07 1:43 PM
 

SweetTooth
I'm a tired mommy!

Member since 12/05

20105 total posts

Name:
Lauren

Re: spinoff to 30 year mortgage

yeah that seems very high - especially if thats the rate with 1 pt!! Go to a different bank!

Posted 4/11/07 1:46 PM
 

Akajt98
Sooo Excited

Member since 6/06

2252 total posts

Name:
Jill

Re: spinoff to 30 year mortgage

Posted by anjerandunder

yes its a 30 yearChat Icon




Shop around! Are you dealing with a broker or calling different banks?
If you have good credit this seems very high....keep shopping!

Feel free to FM with questions.

Posted 4/11/07 1:46 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: spinoff to 30 year mortgage

That's very high!

We financed 97% and got a rate of 6.125%

Posted 4/11/07 1:51 PM
 

ckone
LIF Adult

Member since 8/06

3014 total posts

Name:

Re: spinoff to 30 year mortgage

That's truely too high - shop around.

Posted 4/11/07 2:50 PM
 

angnick
Life is So Wonderful!

Member since 8/06

6663 total posts

Name:
Angela

Re: spinoff to 30 year mortgage

yeah that sounds high.

i was thinking 6.25 no points is about right.

Posted 4/11/07 3:14 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: spinoff to 30 year mortgage

100% financing, great credit, no assets? paying 1 pt..hmm..is it a jumbo loan?

Posted 4/11/07 3:28 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: spinoff to 30 year mortgage

Posted by Blu-ize

100% financing, great credit, no assets? paying 1 pt..hmm..is it a jumbo loan?



it could be a jumbo- esp 100% finacing-

that could make the rate higher

Posted 4/11/07 3:32 PM
 
 

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