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danielwis.
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March 9, 2010 at 9:36 PM #524642March 9, 2010 at 10:35 PM #523746
all
Participantaimloan.com says 4.875% for jumbo conforming. Your middle score has to be higher than the threshold (it was 740 6 months ago) to get that and you need to put 20% down. If you put 25%+ down you get the advertised rate regardless of the credit score (again, 6 months old info).
They have $300-500 discount in their newsletter, I can try to dig through my old emails tomorrow morning. I don’t think there is a specific coupon code, you just need to ask for it when you apply for the loan.
March 9, 2010 at 10:35 PM #523883Participantaimloan.com says 4.875% for jumbo conforming. Your middle score has to be higher than the threshold (it was 740 6 months ago) to get that and you need to put 20% down. If you put 25%+ down you get the advertised rate regardless of the credit score (again, 6 months old info).
They have $300-500 discount in their newsletter, I can try to dig through my old emails tomorrow morning. I don’t think there is a specific coupon code, you just need to ask for it when you apply for the loan.
March 9, 2010 at 10:35 PM #524324Participantaimloan.com says 4.875% for jumbo conforming. Your middle score has to be higher than the threshold (it was 740 6 months ago) to get that and you need to put 20% down. If you put 25%+ down you get the advertised rate regardless of the credit score (again, 6 months old info).
They have $300-500 discount in their newsletter, I can try to dig through my old emails tomorrow morning. I don’t think there is a specific coupon code, you just need to ask for it when you apply for the loan.
March 9, 2010 at 10:35 PM #524420Participantaimloan.com says 4.875% for jumbo conforming. Your middle score has to be higher than the threshold (it was 740 6 months ago) to get that and you need to put 20% down. If you put 25%+ down you get the advertised rate regardless of the credit score (again, 6 months old info).
They have $300-500 discount in their newsletter, I can try to dig through my old emails tomorrow morning. I don’t think there is a specific coupon code, you just need to ask for it when you apply for the loan.
March 9, 2010 at 10:35 PM #524677Participantaimloan.com says 4.875% for jumbo conforming. Your middle score has to be higher than the threshold (it was 740 6 months ago) to get that and you need to put 20% down. If you put 25%+ down you get the advertised rate regardless of the credit score (again, 6 months old info).
They have $300-500 discount in their newsletter, I can try to dig through my old emails tomorrow morning. I don’t think there is a specific coupon code, you just need to ask for it when you apply for the loan.
March 10, 2010 at 9:49 AM #523876HLS
ParticipantCapt
It’s not true that with 25% down credit score doesn’t matter, and it wasn’t true 6 months ago for Fannie/Freddie.Rayb,, I respect your opinions, but you don’t know what you’re talking about.
A direct lender or bank does not have to disclose YSP.
They are able to say” we don’t charge fees/points”
That is only true because they have HIGHER RETAIL rates, and ignorant consumers fall for this, including many intelligent people.A broker offers WHOLESALE rates, and at the lowest rates, THERE IS NO YSP. It’s not a complicated secret. There are no backdoor deals, EVERYTHING is disclosed.
If a broker is fair, the end rate to the consumer is fair and often lower than any bank or credit union. If the broker is a pig, the consumer will pay more than they should.
The MOST important things today are proper disclosures and getting approved. Plenty of people might lock at the lowest rate they think can find, but they aren’t going to get approved.
Having a 2% rate that you can’t qualify for is meaningless.It’s also that people here with a little bit of information that THINK they know what they are talking about are dangerous to get advice from, even though they mean well.
There’s a HUGE difference between an opinion and facts.Different lenders have different wholesale rates as well, and some are VERY difficult to work with, even though they have the best pricing.
Today, some people can qualify for 30YR 4.875% 0 cost, 0 points OR 3.50% ARMS. It sounds real good, but most people don’t qualify, and people will lock the rate long before they find out that they cannot qualify…. HLS
March 10, 2010 at 9:49 AM #524013ParticipantCapt
It’s not true that with 25% down credit score doesn’t matter, and it wasn’t true 6 months ago for Fannie/Freddie.Rayb,, I respect your opinions, but you don’t know what you’re talking about.
A direct lender or bank does not have to disclose YSP.
They are able to say” we don’t charge fees/points”
That is only true because they have HIGHER RETAIL rates, and ignorant consumers fall for this, including many intelligent people.A broker offers WHOLESALE rates, and at the lowest rates, THERE IS NO YSP. It’s not a complicated secret. There are no backdoor deals, EVERYTHING is disclosed.
If a broker is fair, the end rate to the consumer is fair and often lower than any bank or credit union. If the broker is a pig, the consumer will pay more than they should.
The MOST important things today are proper disclosures and getting approved. Plenty of people might lock at the lowest rate they think can find, but they aren’t going to get approved.
Having a 2% rate that you can’t qualify for is meaningless.It’s also that people here with a little bit of information that THINK they know what they are talking about are dangerous to get advice from, even though they mean well.
There’s a HUGE difference between an opinion and facts.Different lenders have different wholesale rates as well, and some are VERY difficult to work with, even though they have the best pricing.
Today, some people can qualify for 30YR 4.875% 0 cost, 0 points OR 3.50% ARMS. It sounds real good, but most people don’t qualify, and people will lock the rate long before they find out that they cannot qualify…. HLS
March 10, 2010 at 9:49 AM #524454ParticipantCapt
It’s not true that with 25% down credit score doesn’t matter, and it wasn’t true 6 months ago for Fannie/Freddie.Rayb,, I respect your opinions, but you don’t know what you’re talking about.
A direct lender or bank does not have to disclose YSP.
They are able to say” we don’t charge fees/points”
That is only true because they have HIGHER RETAIL rates, and ignorant consumers fall for this, including many intelligent people.A broker offers WHOLESALE rates, and at the lowest rates, THERE IS NO YSP. It’s not a complicated secret. There are no backdoor deals, EVERYTHING is disclosed.
If a broker is fair, the end rate to the consumer is fair and often lower than any bank or credit union. If the broker is a pig, the consumer will pay more than they should.
The MOST important things today are proper disclosures and getting approved. Plenty of people might lock at the lowest rate they think can find, but they aren’t going to get approved.
Having a 2% rate that you can’t qualify for is meaningless.It’s also that people here with a little bit of information that THINK they know what they are talking about are dangerous to get advice from, even though they mean well.
There’s a HUGE difference between an opinion and facts.Different lenders have different wholesale rates as well, and some are VERY difficult to work with, even though they have the best pricing.
Today, some people can qualify for 30YR 4.875% 0 cost, 0 points OR 3.50% ARMS. It sounds real good, but most people don’t qualify, and people will lock the rate long before they find out that they cannot qualify…. HLS
March 10, 2010 at 9:49 AM #524550ParticipantCapt
It’s not true that with 25% down credit score doesn’t matter, and it wasn’t true 6 months ago for Fannie/Freddie.Rayb,, I respect your opinions, but you don’t know what you’re talking about.
A direct lender or bank does not have to disclose YSP.
They are able to say” we don’t charge fees/points”
That is only true because they have HIGHER RETAIL rates, and ignorant consumers fall for this, including many intelligent people.A broker offers WHOLESALE rates, and at the lowest rates, THERE IS NO YSP. It’s not a complicated secret. There are no backdoor deals, EVERYTHING is disclosed.
If a broker is fair, the end rate to the consumer is fair and often lower than any bank or credit union. If the broker is a pig, the consumer will pay more than they should.
The MOST important things today are proper disclosures and getting approved. Plenty of people might lock at the lowest rate they think can find, but they aren’t going to get approved.
Having a 2% rate that you can’t qualify for is meaningless.It’s also that people here with a little bit of information that THINK they know what they are talking about are dangerous to get advice from, even though they mean well.
There’s a HUGE difference between an opinion and facts.Different lenders have different wholesale rates as well, and some are VERY difficult to work with, even though they have the best pricing.
Today, some people can qualify for 30YR 4.875% 0 cost, 0 points OR 3.50% ARMS. It sounds real good, but most people don’t qualify, and people will lock the rate long before they find out that they cannot qualify…. HLS
March 10, 2010 at 9:49 AM #524808ParticipantCapt
It’s not true that with 25% down credit score doesn’t matter, and it wasn’t true 6 months ago for Fannie/Freddie.Rayb,, I respect your opinions, but you don’t know what you’re talking about.
A direct lender or bank does not have to disclose YSP.
They are able to say” we don’t charge fees/points”
That is only true because they have HIGHER RETAIL rates, and ignorant consumers fall for this, including many intelligent people.A broker offers WHOLESALE rates, and at the lowest rates, THERE IS NO YSP. It’s not a complicated secret. There are no backdoor deals, EVERYTHING is disclosed.
If a broker is fair, the end rate to the consumer is fair and often lower than any bank or credit union. If the broker is a pig, the consumer will pay more than they should.
The MOST important things today are proper disclosures and getting approved. Plenty of people might lock at the lowest rate they think can find, but they aren’t going to get approved.
Having a 2% rate that you can’t qualify for is meaningless.It’s also that people here with a little bit of information that THINK they know what they are talking about are dangerous to get advice from, even though they mean well.
There’s a HUGE difference between an opinion and facts.Different lenders have different wholesale rates as well, and some are VERY difficult to work with, even though they have the best pricing.
Today, some people can qualify for 30YR 4.875% 0 cost, 0 points OR 3.50% ARMS. It sounds real good, but most people don’t qualify, and people will lock the rate long before they find out that they cannot qualify…. HLS
March 10, 2010 at 10:55 PM #524316Raybyrnes
ParticipantHLS
Only you know. You are the omnipotent one on this board. Everyone else is the fool.Here is a question. Have you ever had a second look at a person loan docs and said “wow that is a screaming deal” Your broker did a good job.
March 10, 2010 at 10:55 PM #524451ParticipantHLS
Only you know. You are the omnipotent one on this board. Everyone else is the fool.Here is a question. Have you ever had a second look at a person loan docs and said “wow that is a screaming deal” Your broker did a good job.
March 10, 2010 at 10:55 PM #524894ParticipantHLS
Only you know. You are the omnipotent one on this board. Everyone else is the fool.Here is a question. Have you ever had a second look at a person loan docs and said “wow that is a screaming deal” Your broker did a good job.
March 10, 2010 at 10:55 PM #524990ParticipantHLS
Only you know. You are the omnipotent one on this board. Everyone else is the fool.Here is a question. Have you ever had a second look at a person loan docs and said “wow that is a screaming deal” Your broker did a good job.
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