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re: Mortgage Refinance - Tips to get best rate?

Posted on 10/9/15 at 4:46 pm to
Posted by GFunk
Denham Springs
Member since Feb 2011
14966 posts
Posted on 10/9/15 at 4:46 pm to
Hawkeye, did anyone at any point suggest that they would get Par? If so, please point that out?

I was hoping you'd post because I also wanted to ask you...did you see where the broker was trying to sell a 7-23 ARM? What would you say to someone considering that product in the current rate climate with respect to conventional fixed rate products with conforming credit?
Posted by hawkeye007
Member since Feb 2010
5892 posts
Posted on 10/13/15 at 4:29 pm to
The fact the broker was selling the arm would have made me walk away. I only sell arm's on construction loans that will be modified to fixed rate programs when the house is complete. I guess I missed the par conversation I thought you were telling him how to ask for par pricing.
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