Can anyone do better?

Sounds beatable..Find a local CA mortgage broker

Hi Viveen - That offer seems pretty high. It would be helpful to have more information, but based on what you provided, I can offer a 15 year fixed at 3.5% with around $900 in cost. I also have lower rates with higher costs, and higher rates with lower costs. I have some of the lowest rates in the industry, so if you would like to get a quote, please call me at 800-299-0270 extension #101.

Shoot me an email with your number and I'd be happy to discuss this with you.

You should be dealing with a local mortgage broker, not a bank and certainly not a 50 states internet lender... the broker has access to numerous lenders and can find you the best deal for your particular scenario... WilliamAcres.com

Right now on a typical 15 yr loan conventional rates are sitting around 3.875 today with no costs for the rate. If you need assistance or just some professional advice please give me a call and I can refer you to someone who can give you a better deal. Good Luck

Get a quote from one of the Lender 411 professionals. That quote sounds high to me but there are so many factors that go into the rate. Talking to a local mortgage broker will help you make a better decision. Always best to get a couple of quotes. Good luck.

That's an OK offer, but you can definitely do better. I agree with Ralph. Work locally. The big banks and the Nationwide Mortgage Operations are mostly just order takers. You want to work with someone that knows what they are doing. To become a Mortgage Banker or a Mortgage Broker, you must take 20+hours of education, pass two tests and a thorough background check. At the big guys? None of the above. Who do you want working with your private information on what is one of the biggest financial decisions of your life? Check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

The short answer is yes. I recently completed a no cost, 15-year loan for a client at a 3.375% interest rate. However, without knowing your FICO score, monthly gross income, monthly gross mortgage/revolving/installment debt, and your home's loan-to-value ratio it is impossible to quote you a specific interest rate and costs. The best I can do is tell you it can range from 2.875% to 4% depending upon how much of the loan costs you are willing to pay. 4.375% with a $2,800 loan cost is extremely high for this loan. Give me a call 16/7, or email me, and I'll be happy to walk you through the process. To learn more about me and our mortgage brokerage, click on my picture. When the next page pops up, click on "Website" and you will be redirected to ours. We work exclusively in CA and get loans done fast, typically in less than 30 days, at low interest rates and costs. Representing 39 quality lenders that offer more than 1,000 loan programs, we definitely have something for everybody.

I would say get a second opinion. The service @ Quicken is not real professional!!I only lend in Florida!