Loan Scenario: MA, $330,000, 784, 60% LTV, Refinance (Rate and Term)
Loan State: Massachusetts
Loan County: Essex
Loan Type: Refinance (Rate and Term)
Loan Amount: $330,000
Property Value: $550,000
LTV: 60%
FICO: 784
DTI: 10
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence
Looking for Rates
Owner Occupied Home 16Yrs in Residence in 01845 Area Code
Purchased in 1993 for $281,000 - Present Valuation based on recent sales
Current Mortgage is 15Yr done at 0/0 and very minimal Closing Fees (<$100) done in 2003
Options:
1) 15Yr Fixed, 0Pts, 0 Origination Low Fees (present your rates with GFE) for a Loan of $230,000
2) 30Yr Fixed, 0Pts, 0 Origriantion, Low Fees (Provide rates with GFE) for a Loan of $330,000 (Note Higher Loan Amount)
Thanks