OK,,
But with an additional cost I can do high balance/jumbo at 4.375% also, not just below $417K.

Although the upfront cost might be $5K-$10K higher, if you plan on staying there for the long haul, you will save tens of thousands of dollars over the life of the loan, GUARANTEED.

Saving 1.125% in rate will save you over $5000 in interest just the first year… your payments will be lower FOREVER…when you figure out the guaranteed savings, try to do whatever you can to buy the rate down, even if the loan is above $417K..

Was this option even explained to you ??
Please let me know if you need a better explanation. As you have decided that you want the house, I would even consider a credit card cash advance OR 401K loan to get to the lower rate if necessary.

BTW, there are archives of past shows on my website. Listen anytime you want! HLS