Went through the process of house hunting/buying

[dealfinder85]

I'll inquire. What do you mean by "one free".

i filled out the application and locked in to a rate
between that point and i guess shortly before closing, at any point, i was able to call up and say i want to float down and for free, i get that days rate

[dealfinder85]

3.625, New Jersey, 740+.

did you ask what the points options are? i paid a little to get a lower rate (obviously that requires you calculating your savings and seeing how long it will take to make back that money and decide if its financially worthwhile)

[yr]

did you ask what the points options are? i paid a little to get a lower rate (obviously that requires you calculating your savings and seeing how long it will take to make back that money and decide if its financially worthwhile)

I'm kinda tight with the up front expenses,  So it'll need to be a significant savings for me to it. What did it cost you and how much did it save you?

According to my broker and his pricing, the 3.625 has a lot of "cushion", and tomorrow, it will most likely go down or stay put.

[dealfinder85]

I'm kinda tight with the up front expenses,  So it'll need to be a significant savings for me to it. What did it cost you and how much did it save you?

According to my broker and his pricing, the 3.625 has a lot of "cushion", and tomorrow, it will most likely go down of stay put.

points is obviously not for all situations. but if 3.625 has a lot of cushion, might be worth asking for points options

[yr]

points is obviously not for all situations. but if 3.625 has a lot of cushion, might be worth asking for points options

I'm hoping it'll go down to 3.5 without me having to pay for it

[Mordyk]

3.625, New Jersey, 740+.

percentage down? co signer?

[yr]

percentage down? co signer?

5%, no co signer

[Mordyk]

5%, no co signer

where?

[yr]

where?

New Jersey

[abc123]

Not sure of your situation but I am getting 3.5% in NJ locking in tomorrow w/ a credit score of 710.  If you are using a broker either shop around or ask if they can go lower.

[Sport]

Not sure of your situation but I am getting 3.5% in NJ locking in tomorrow w/ a credit score of 710.  If you are using a broker either shop around or ask if they can go lower.

What size loan ?
Eta: wow just checked the spread between a conventional and jumbo is huge.

[abc123]

360K

[yr]

Not sure of your situation but I am getting 3.5% in NJ locking in tomorrow w/ a credit score of 710.  If you are using a broker either shop around or ask if they can go lower.

Who's your broker? And how much are you putting for down payment?

[abc123]

Who's your broker? And how much are you putting for down payment?

20% down I can Pm you by broker if you'd like. I assume you are getting your rate because of the LTV from putting down 5%.

[yelped]

20% down I can Pm you by broker if you'd like. I assume you are getting your rate because of the LTV from putting down 5%.

PM me please as well.

[yr]

20% down I can Pm you by broker if you'd like. I assume you are getting your rate because of the LTV from putting down 5%.

Yes , 5% down.

[elit]

Yes , 5% down.

That shouldn't make a difference that's what you pay the PMI for. When a broker says it's that rate with a cushion that means he really can go lower but he's making more money off you. Always play off 2 brokers otherwise the brokers will play whatever they can...

[coralsnake]

That shouldn't make a difference that's what you pay the PMI for. When a broker says it's that rate with a cushion that means he really can go lower but he's making more money off you. Always play off 2 brokers otherwise the brokers will play whatever they can...

-1

[elit]

-1

Which part

[coralsnake]

Which part

See bold.

To clarify- many lenders have higher rates over 80-90LTV