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Post Statistics: 674 Views, 5 Replies
Latest Post: Wed, Jul 22 2009 8:27 PM by BVG
  • Wed, Jul 22 2009 4:09 PM
    Loan Scenario: MD, $660,000, 717, 80% LTV, Refinance (Rate and Term)
    Loan Scenario
    Loan State: Maryland
    Loan County: Howard
    Loan Type: Refinance (Rate and Term)
    Loan Amount: $660,000
    Property Value: $825,000
    LTV: 80%
    FICO: 717
    DTI: 35
    Occupancy Type: Owner-Occupied
    Property Type: Single Family Residence

    looking for an oportunity to have lowest possible monthly p&I payment....

    my sub A rating is keeping me from teh best rates...I could make a large paydown on revolving debt in the next 4 months, but would be afraid that could cause me to miss opportunity for low rates (heading below 5 this week.)

    Intend on being in house for long, long time and purpose for refi is currently in an ARM that resets next fall...current int-only is at 5.875 and am hopeful  that we could achieve a 4500/mo payment...outrageous?  or possible?

  • Wed, Jul 22 2009 4:40 PM

    You can get your payment down to way below your goal of $4500. i can get a fixed under that and and easily get an IO under. Call me at 813-546-2734 or email me michael.whitehead@homebanc.com

  • Wed, Jul 22 2009 4:55 PM

    Hi

    I can offer you a Monthly P&I payment of $3930 based on the information provided by you. It would be a fixed interest rate for 30 yrs.

    You can view my contact details in my profile page. Thanks

  • Wed, Jul 22 2009 8:10 PM

    No soliciting newbies....no,no.

     - View My Profile
    Broker
    Finance One Mortgage
    financeone@juno.com
    (530) 644-5395
  • Wed, Jul 22 2009 8:13 PM

    Howard County's conforming jumbo loan limit is $560,000. Your loan amount puts you into portfolio jumbo land. Not a lot of them left. Pentagon Federal Credit Union has smokin' jumbo rates in MD right now. If you are a member, check them out.

     

    Hey BVG, if I recommend a company that I don't work for, is that considered a solicitation? I don't want to get in trouble with the Forum Police! You remember what happened to the last guy!?!? Wow!

     - View My Profile
    Sales Manager
    Creative Mortgage Solutions
  • Wed, Jul 22 2009 8:27 PM

    Bob Hill:
    Howard County's conforming jumbo loan limit is $560,000. Your loan amount puts you into portfolio jumbo land. Not a lot of them left. Pentagon Federal Credit Union has smokin' jumbo rates in MD right now. If you are a member, check them out.

     

    Hey BVG, if I recommend a company that I don't work for, is that considered a solicitation? I don't want to get in trouble with the Forum Police! You remember what happened to the last guy!?!? Wow!

    Mr. Hill---recommending a Co. you do not work for is acceptable, especially if the information is accurate!!  Good day, sir.

     - View My Profile
    Broker
    Finance One Mortgage
    financeone@juno.com
    (530) 644-5395
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