203K loan rates/points for a 500K loan with a 760 credit score? ballpark numbers please. thanks.

This a a general question as more specific info is needed...so the general answer would be:Rate mid to high 4% range....we do not have any origination pts. Total lender fees $2240.00...plus 3rd party fees, appraisal, title and escrow....inspections...Hope this helps a little....feel free to contact me...

Rates/points are going to be very similar between lenders. However, be aware that only about 5% of lenders do the 203K and about 5% of them do them well. I specialize in the product and would be happy to send you any specifics you may want to know about the loan or our process. My company originates, funds and manages the loan post closing for all draws, ect ( the latter is crucial for your project to come together without drama...the 203K loan is not a loan done well from a broker platform). Give me a call or send me an email and I will provide you with exact fees for your scenario and provide whatever information you may need. I love the program and my 25 year in finance AND the construction industry helps many people avoid the pitfulls of much construction financing. 619.787.8212