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| Sickest mortgage rate i've heard of yet (VA) Posted by ItNeverRains Just sold one of my listings, guy got approved for 100% financing VA loan, 30 year, 3.35% 0/0. Reply Back to Top |
| Damn! What was the 15yr rate? Reply Back to Top |
| What was his score? Reply Back to Top |
Posted by TortiousTiger on 5/17 at 8:20 pm to wegotdatwood if it's VA, his score doesnt really matter. 620 gets the best rate. Reply Back to Top |
quote: No idea, i'g guess 2.875-3 Reply Back to Top |
| That's awesome for me. Reply Back to Top |
quote: So it doesn't matter what bank I go to? Reply Back to Top |
quote: Was he a disabled vet? THDA offers a Vet program that discounts the rate for those with a VA disability. He may also be able to avoid paying property tax. Edit: THDA does not limit to disabled Vets. TexVet program is for those with 30% or more disability. 10% and they can avoid paying the VA funding fee. This post was edited on 5/17 at 11:50 pm Reply Back to Top |
| Nope. Young guy. Police officer now in Davidson county Reply Back to Top |
| FWIW, you can be 80% disabled to the va and still work any job full time. PTSD is an automatic 50% I haven't filed anything, too much of a pain in the ass. Reply Back to Top |
quote: and so the cycle begins again. Reply Back to Top |
quote: ? Reply Back to Top |
| Told this rate to a guy at my office today and he said he is approved for a 30yr VA at 2.9. Wow! Reply Back to Top |
Posted by TortiousTiger on 5/19 at 11:20 am to wegotdatwood quote: he is ignorantly claiming that 100% financed mortgages created the housing bubble. Reply Back to Top |
Posted by TortiousTiger on 5/19 at 11:23 am to Franktowntiger7 i'd have to call bull shite on that one. Reply Back to Top |
quote: VA loans perform well. LINK Reply Back to Top |
| Definitely not BS, guy is a General in the military, I don't think that would affect the rate but his rate is ridiculous. Reply Back to Top |
| Damn, I wish I was out of school with a job so I could get into a house. I need these low rates to stay for about another year. Reply Back to Top |
Posted by TortiousTiger on 5/19 at 1:06 pm to Franktowntiger7 A) a guy at your office is a general in the military? B) his rank doesnt matter. He'd have to find a lender willing to accept that rate. Who did he say his lender was? As of today, the national avg was a 4.06 for a 30 with 1/3 of a point. Reply Back to Top |
| I sale new construction he is looking to build with us, his bank is in AZ. He used them before, I admittedly was skeptical but he seems like a straight shooter. Reply Back to Top Refresh |
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