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I am looking for best 30 year fixed rate mortgage in tn

by sarah.wallace692 from Mulberry, Tennessee. Feb 12th 2014 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Rates are good.. really good, but they are going up.. but if your looking to an internet post to get a quote, your just setting yourself up for disappointment.. no loan officer with any integrity would ever quote based on the limited info you provided.. anyone that does, is someone you should avoid using.. if you want to know for sure so there's no guessing.. then the best advice I can give you would be to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Feb 12th 2014
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

Sarah, it is hard to quote an accurate rate without a lot more details including: type of mortgage (conventional, FHA, VA, etc.), loan amount, credit score, value of the house, whether you are getting cash out in addition to paying off the existing mortgage and covering the costs of refinancing, whether you will be escrowing taxes and insurance, whether you would prefer a "no cost" rate where the lender pays some of the costs for you, etc. If you would call or email me with some additional info I'll be happy to give you a preliminary quote. 843-619-6025 or pdumouchel@primelending.com FYI - yesterday one website that many lenders follow to get a sense of where rates are heading stated that 4.375-4.5 as the most common "best execution" rate for a conventional available from most lenders for highly qualified customers, which would assume a high credit score, no cash out, escrow of taxes and insurance and a loan amount over $100K or so. FHA and VA rates would likely be a little better. Rates today likely are worse at virtually all lenders than they were yesterday.

Feb 12th 2014
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Nancy J Releford (nancyreleford)
#4 ranked lender in Tennessee - 233 contributions

Sarah, itnis difficult to give you an accurate quote without more information. Lots of parameters before you can get a fair & accurate rate.I would be happy to help you I am located in TN.Please give my office a all to discuss your options615-867-3060nancy@homeequitymtg.comThanks for your time.

Feb 12th 2014
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You can check rates at www.wfhm.com/peter-cannon

Feb 14th 2014
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