$600k jumbo, 0 points, 65% ltv with fico 780+, full doc, 7.635%
$417k conforming, 0.5 points, 46% ltv with fico 780+, full doc, 5.625%
Those are ridiculous LTVs, how many people have 35% down?
Me 🙂 But forget about that.
As I was pointing out, I'm not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort. CA market is going to be tough. imho. Maybe new younger people, but how much of these people are have 20% AND are in the mood to buy? Going to be interesting.
