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re: Current Mortgage Rates

Posted on 11/24/20 at 9:45 am to
Posted by FMtTXtiger
Member since Oct 2018
4991 posts
Posted on 11/24/20 at 9:45 am to
you guys licensed in texas?
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 11/24/20 at 9:53 am to
I am
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 11/24/20 at 9:57 am to
I can do cashout at 2.875% on a 30 year loan combining the mortgage and heloc
Posted by FMtTXtiger
Member since Oct 2018
4991 posts
Posted on 11/24/20 at 10:00 am to
fmg.chris@gmail.com

ill shoot you specs.
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/24/20 at 10:17 am to
I am not but he can help if you want different rates

LINK
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 11/24/20 at 1:18 pm to
let me know if you want me to run numbers on VA loan
Posted by PotatoChip
Member since May 2014
4738 posts
Posted on 11/25/20 at 12:15 pm to
I’m looking at a possible 20 year cash out refinance, but the rates I’m seeing are all over it the place.
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 11/25/20 at 12:35 pm to
Email me your information at username @ Gmail
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/25/20 at 1:13 pm to
I can run through pricing options for you as well. It never hurts to have a few numbers to compare- britt dot bowker @ tmf.mortgage
Posted by RedBeardBaw
Member since Feb 2017
435 posts
Posted on 11/26/20 at 2:18 pm to
What about 15 year? It should actually appraise for more since I've added a mother in law suite thus the heloc. Credit score 775. Sorry should've included that originally.
This post was edited on 11/26/20 at 2:22 pm
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 11/26/20 at 2:55 pm to
What do you think it will appraise for?
Posted by RedBeardBaw
Member since Feb 2017
435 posts
Posted on 11/26/20 at 4:04 pm to
I'm expecting 230k at a minimum but more realistically around 240k+.
This post was edited on 11/26/20 at 4:08 pm
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/27/20 at 8:33 am to
With the conservative appraisal number of $230k, I made the loan amount of $183k to keep you under 80% LTV ($154k + $17k + $12k case out). The 15 year rate is 2.5% with a P&I payment of $1220.

If the appraised value is $240k, and you would want $20k cash out, the 15 year rate would be 2.5% with a P&I payment of $1275.

Reach out if you have more questions
Posted by turkish
Member since Aug 2016
2274 posts
Posted on 11/30/20 at 8:05 am to
Appraisal of $450. Pay off of $170. Looking for low rate on 30-year, no cash out. 800 credit score. Any thoughts on rate I could get?
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/30/20 at 8:28 am to
Today's rate for 30 year with the info you provided is 2.375% for monthly P&I payment of $1088
Posted by turkish
Member since Aug 2016
2274 posts
Posted on 11/30/20 at 9:29 am to
Thanks, but it’s $1088 for a 30-yr, $170k loan at 2.375%? The note seems high.
Posted by WeAreBR
Member since Oct 2020
125 posts
Posted on 11/30/20 at 9:57 am to
My mistake, I thought you had paid down $170k so I had put down a loan amount of $280k.

170K loan amount for 30 years would be 2.375% for a monthly payment of $661
Posted by turkish
Member since Aug 2016
2274 posts
Posted on 11/30/20 at 10:12 am to
Thanks so much!
This post was edited on 11/30/20 at 10:28 am
Posted by OldHickory
New Orleans
Member since Apr 2012
10775 posts
Posted on 11/30/20 at 9:13 pm to
What’s the most a seller can contribute towards closing on an FHA mortgage? I see 6% online, but a broker told me 3%.
Posted by ellesssuuu
Baton Rouge
Member since Mar 2016
3167 posts
Posted on 12/1/20 at 8:43 am to
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