How low can we go? 30 yr fixed at 3.75% with no fees...
- Thread starter ps99472
- Start date
NEW -> Contingent Buyer Assistance Program
Just to set it straight... no loss on PBR, no ps9 going fixed and MRs are still a go at Greenwood.
I was going to do something with Hidden Canyon, Beacon Park and Northwood Paseo (or whatever it's called now) but Greenwood already pushed it.
I really wanted to say that the cemetery got canceled but that would have put yaliu into therapy.
Unless it has tentacles, he won't touch it.
If I re-fi I'd need to roll a 1st and 2nd mortgage into one.
I guess this would be considered a cash-out re-fi and I couldn't get these rates? So basically I need to re-fi twice?
I'm not sure what you mean about the HUD-1 and the guarantee that the issue won't come up again? Why would the issue come up again and how would the HUD-1 guarantee that it wouldn't?
I actually have paid down most of my 2nd mortgage, but plan to re-draw some of those funds (irrespective of re-financing). Does that affect anything?
I am at about 55% LTV including both mortgages, but my problem with refinancing previously has been that lenders don't like to count a lot of my household income and kill me on the debt-to-income ratio.
usctrojancpa
Well-known member
Good thing that I closed my 5/1 ARM with Alyson. ;D
ps99472
New member
Happy April Fools! Ok back to business:
https://www.thirdfederal.com/landingpages/mortgagegroup/capromo1
Got an ad from them regarding their 3/1 and 5/1 adjustable mortgages. So key points:
$300 fee
unlimited relocks at anytime (pay $500)
once the initial 3 or 5 yr term is up rate is Prime + 0%
jumbo loans get a discount
https://www.thirdfederal.com/landingpages/mortgagegroup/capromo1
Got an ad from them regarding their 3/1 and 5/1 adjustable mortgages. So key points:
$300 fee
unlimited relocks at anytime (pay $500)
once the initial 3 or 5 yr term is up rate is Prime + 0%
jumbo loans get a discount
irvinehomeowner
Well-known member
Sorry man... I usually go solo but ps9 wanted to partake in the foolery.qwerty said:
Just to set it straight... no loss on PBR, no ps9 going fixed and MRs are still a go at Greenwood.
I was going to do something with Hidden Canyon, Beacon Park and Northwood Paseo (or whatever it's called now) but Greenwood already pushed it.
I really wanted to say that the cemetery got canceled but that would have put yaliu into therapy.
irvinehomeowner
Well-known member
I think that's was ps9's prank.rkp said:
Unless it has tentacles, he won't touch it.
The Motor Court Company
Well-known member
Mortgage rates were at 2 month low last Friday because the huge job report miss; 3.5% no cost was available but not today. maybe it will be available again some time soon.
sorry guys could not post last Friday as I was banned by SoCal.
sorry guys could not post last Friday as I was banned by SoCal.
The Motor Court Company
Well-known member
30 year 3.5% no cost should be available today with Sebonic.
30 year 3.375% no cost might be available today with i3 lending
30 year 3.375% no cost might be available today with i3 lending
The Motor Court Company
Well-known member
non-Jumbo, LTV < 50
paperboyNC
New member
The California Court Company said:
If I re-fi I'd need to roll a 1st and 2nd mortgage into one.
I guess this would be considered a cash-out re-fi and I couldn't get these rates? So basically I need to re-fi twice?
The Motor Court Company
Well-known member
ask SGIP
sgip
Well-known member
Yep, anyone who split their existing single loan into two loans in a refinance, then wants to bring both loans back together, is going to have their refinance considered "cash out". How can someone who started with a $100,000 loan, refinanced into an $80,000 1st and $20,000 2nd, now wants to combine to a $100,000 loan be considered "cash out" Show me where the cash out came from!!!
As frustrating as this can be, you are correct. You have to refinance twice. Once with a lender who can create an affordable 80% LTV cash out scenario, then refi that loan into a "no cash out" deal. The lender who will do the "no cash out" loan might need to see the HUD-1 to determine "no cash out" so there is ZERO ZIP NADA guarantee that this issue won't come up again.
If you want to combine your 1st and 2nd into one loan at a pretty attractive rate even though it's considered cash out, I have a very good idea who could help with something like that.
a very.... good...idea... who
As frustrating as this can be, you are correct. You have to refinance twice. Once with a lender who can create an affordable 80% LTV cash out scenario, then refi that loan into a "no cash out" deal. The lender who will do the "no cash out" loan might need to see the HUD-1 to determine "no cash out" so there is ZERO ZIP NADA guarantee that this issue won't come up again.
If you want to combine your 1st and 2nd into one loan at a pretty attractive rate even though it's considered cash out, I have a very good idea who could help with something like that.
a very.... good...idea... who
paperboyNC
New member
Soylent Green Is People said:
I'm not sure what you mean about the HUD-1 and the guarantee that the issue won't come up again? Why would the issue come up again and how would the HUD-1 guarantee that it wouldn't?
I actually have paid down most of my 2nd mortgage, but plan to re-draw some of those funds (irrespective of re-financing). Does that affect anything?
I am at about 55% LTV including both mortgages, but my problem with refinancing previously has been that lenders don't like to count a lot of my household income and kill me on the debt-to-income ratio.