we are being charged 2.5 pts on a new double to get a 4.625 rate from current 4.99. Is this normal have to go to closing with 3000

In order to advise you, we would need to see the complete loan profile, so I can only speak in generalities.. When it comes to financing, getting a loan on a mobile home is the the most difficult and the most expensive.. whatever rate's you see advertised, you can bump it up by a half to a full percentage point.. That being said, it's also possible that because of a low loan amount, the lender is having to charge points as well. Again, too much missing info to address you specifically... Why is it necessary to get 4.625.. why not just go with 4.99? Look at the payment savings between the 2 rates, and divide it by the added cost.. Example, if you are saving $20 per month, but you have to pay $3000 to get that savings, then $3000/$20=150.. this means that you don't see a savings until the 151st payment.. and if that's your scenario, that's way to long of a payback period.. it should be inside of 5 years (60 payments), or ideally, 3 years or less. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893