Jumbo loan question?

What is the Loan to Value? Is this a purchase or refinance?

hi there: not sure if this a purchase or refinance...usually all lenders are 80% ltv ...rates are in the high 3% range and can assist with closing costs if needed.will match any competitor rate. (Mike Convin) Federally Chartered Bank NMLS #754875 (703 505 5300)

it depends on the LTV but rates will be in the range of 3% to low 4%.

You know the problem with just answering your question with an interest rate doesn't really help you. In this mortgage environment, there are so many variables that attribute to a loan, that until someone takes your application, runs your credit, looks at your debt to income, and starts the loan process for you we can throw rates out there all day long. I am not licensed in DC, but you have to find somebody who is a mortgage professional that you feel comfortbale with & trust to do your loan for you. I would ask co-workers or friends if they could recommend someone they think would do a good job for you!