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re: Home Mortgage Questions

Posted on 2/21/15 at 4:40 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25926 posts
Posted on 2/21/15 at 4:40 pm to
quote:

Home Mortgage Questions
Money that is not Out of Pocket still counts as real money to me. Do you have a feel for what percent spread, percent of loan, or flat fee is typical?



1-2 max % of loan amount Id guess. So assuming 400k loan financed over 30 years at 3.75% about $18-$30 a month
Posted by Bayou Tiger
Member since Nov 2003
3660 posts
Posted on 2/21/15 at 10:10 pm to
quote:

1-2 max % of loan amount Id guess. So assuming 400k loan financed over 30 years at 3.75% about $18-$30 a month
Or also stated as $4000-8000 for the same loan.

Thanks for the heads up. I guess I will plan on spending a few hours calling around and finding the best deal instead of paying somebody else thousands of dollars to do that.
This post was edited on 2/21/15 at 10:12 pm
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