No one can give you what you qualify for without your income, assets, credit score and loan to value.
That is a tricky question because rates very based on loan amount, loan program, amount of down payment and credit score. To give you a general idea, I just quoted a $150,000 Conventional Purchase with 5% down and a 720 credit score at 4.5% with an APR of 4.92%. Yours could vary from this up or down. You also need to consider the effect of Mortgage Insurance. If you'd like to get this narrowed down some, feel free to give me a call or email me. I'm in East Lansing. =Mike 517.489.2328 - msilkworth@unionhomemortgage.com.
To get the best possible answer a few questions have to be answered first. For instance, credit score, loan to value, debt to income ratio, property type, occupancy type, number of units, FHA, Conventional, VA, USDA or?.......I would contact a local loan officer or three and do your best to answer all of the previous questions above. This way you will get an accurate quote. Best wishes, Sean
Rates vary based on many details including your choice as to whether to buy the rate down with points, or not. Please make sure that you speak with an experienced lender who will lay out various options and intelligently discuss the pros and cons of each with you. Your pre-approval should reflect in writing that all financial documents have been reviewed. This will make for less stress and potential issues during the process as well as make it more likely for a seller to accept your offer on the home you want. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson
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