Here's an example of scenarios I'm quoting this morning:
Purchase with 10% down and a 729 mid credit score and a conventional loan amount of $373,500. 5.25% priced with 1 point (apr 5.393). Seller is paying allowed closing costs.
Purchase with 3% down FHA and a 777 mid credit score (this rate would apply to any mid credit score over 620). Loan amount is $349,200 with a rate of 5.500% priced with 1 point (apr 6.353). Seller is paying allowed closing costs.
Rate term refinance 30 year fixed based on 717 mid credit score with a loan amount of $464,000 and loan to value of 80%: 6.00% priced with 0.5% points (apr 6.087%).
For a rate quote based on your personal scenario for your home located in Washington State, factoring:
- loan to value
- mid credit scores
- purpose (purchase, refi, rate term refi)
Please contact me. I am quoting rates live on Twitter. Click follow me to get an idea of what rates are being quoted or locked.
