re: Mortgage Refinance - Tips to get best rate?

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Mortgage Refinance - Tips to get best rate?
Thanks for the info. How would you even ask about Par pricing? What would you even say to get them to budge on the rate?

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Well, if you don't know your credit score you should. So find that middle score out. Then figure out your LTV

(Example: Your house costs $100,000.00. You're going to put 20% down. You'll finance $80,000.00. Your LTV based on the price is 80%)

Call your broker and ask him what par is for your score and your LTV. He's going to start tap dancing. Stick to your guns. If he won't tell you Par, ask them how much $ the rate they're quoting will pay them. If they say $0...that should raise an eyebrow.

Doesn't have to be a contentious conversation. Explain up front why you're asking and admit your goal whether you need to buy your rate down or you're just curious. If this guy has your business no matter what, let him off the hook and let him know. You aren't out to make him nervous or jittery or start a fight.

Good luck...