That is not enough information and there are a lot of other factors AND the small print needed to quote a rate here would choke a horse. Let me just say that you are at or near the top of the heap when getting a rate quote. Quotes are based on LTV, property type, cash out or no, purchase, loan size, loan type...... but if you are between 700 and 719 you have 720-739 and then 740+ as the next tiers and if the LTV is low then many times these tiers are priced the same. I am happy to give you a more real answer if you want to chat on the phone and give me more details at (415) 843-0142 x 1
Between 3.875% - 4.5% depended on true middle score of 718 and type of program, verification of funds for down payment, income and employment history.I can reached toll free 800-485-1387 Ext 116 or ballen@bankofengland1.com if you wish to discuss further.
The short answer is 3.750% APR on a 30 year fixed rate mortgage. Keep in mind that a lot that goes into determining your interest rate so keep in mind that 3.750% APR is a best case scenario. Make sure you are looking at the APR and the term when shopping lenders. If you're interested in finding out more about what your options are let's invest 10 minutes over the phone sometime this week. Let me know a time that works well for you. Thank you!
Hi Sandy,There are many factors to determine what your interest rate will be with a Credit Score is at 718. Also, if you are pulling the Score with a FICO or Advantage Score which have completely Score Ranges.However, I understand when you are just starting the Search and want generalization too and will the interest rates being at a all time year low it is the perfect time to make a move to Refinance or Purchase.Par Rates with a FICO Score of 718: 3.875%-4.25% depending on Loan Amount & Debt to Income Ratio. Feel free to reach me at 949-529-2893 to go over your goals and what documentation will be needed to move forward on being Approved.
Hi Sandy, there are a lot of other factors that are taken into consideration when determining the interest rate. In order to get a more accurate rate, lenders will need to know the loan amount, down payment, income, employment history and more.
So much more goes into pricing a loan that it's impossible to answer your question without knowing all the info.. Loan Amount?, Loan to Value? Down Payment? Property Type? (SFH, Condo, Mobile Home?), credit history and depth? Credit Deficiencies? Debt to income ratios.. etc, etc, etc.. i could go on and on, but I think you get it by now.. there's no way to answer your question with out more info.. and any competent loan officer would never quote an interest rate based on limited information posted on an internet blog.. anyone that does is probably someone you should avoid using.. If you want to know for sure, try contacting a local mortgage broker and apply with them.. once they see your complete loan profile, they will be able to advise you properly.. 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
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