My Account
Sign up, and you'll be able to vote in polls.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
May 4, 2015
6:59
:55
pm
monteburns
FHA loan? Then yes.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
monteburns
Bio page
monteburns
Joined
Sep 16, 2004
Last login
May 4, 2024
Total posts
10,936 (361 FO)
Report problem with this ad
Messages
Author
Time
How much higher should APR than the interest rate on a home loan?
ballen
5/4/15 6:41pm
Depends on what type of loan it is. If it involves PMI, maybe.
mulletYno
5/4/15 6:49pm
There is PMI. Still a hose job? Seems higher than I was expecting.
ballen
5/4/15 6:53pm
FHA loan? Then yes.
monteburns
5/4/15 6:59pm
If FHA, run and hide and get a conventional loan with 3% down instead.
mulletYno
5/4/15 7:01pm
It's conventional with 5% down.
ballen
5/4/15 7:02pm
Most of our APRs are usually within .125% of the note rate.
mulletYno
5/4/15 6:50pm
There are too many variables to answer your question in the abstract.
argus
5/4/15 7:00pm
Seems high to me. Talked to the dude on the phone last week and this APR is .5%
ballen
5/4/15 7:04pm
You should get a quote from one of the CB guys.
ChubbyChaser
5/4/15 7:19pm
Who are they?
ballen
5/4/15 7:21pm
RE: Who are they?
ChubbyChaser
5/4/15 7:23pm
1/2 % origination fee
tambourine1970
5/4/15 7:45pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad