The fact remains that you never get the lowest rate with a “no cost” loan.
Whether it makes sense for someone is a different discussion.
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Former,,,
I found some decent jumbo rates..
Up to $900K loan amount, 75% LTV max.
With credit above 720,
30 YR Fixed
Up to $750K 5.95% 750K-900K 6.25%
10 YR ARM
Up to 750K 5.65% 750K-900K 5.95%
Lower credit score or lower LTV changes pricing.
1YR, 3YR, 5YR, 7YR ARMS also available at lower rates. Also 15 YR & 20 YR fixed
This particular lender will not currently lend over 75% in CA. No loans over $900K in any state.
