"i can go with any lender. probably 5-10 years..."    View Post

"to get to the 0% interest, one has to finish 6 years of Phd, 4 years of post-doc and 6 years of assistant professorship struggling everyday. no, 16 years of your life is not worth the interest rate. as of today, I'm quoted at 5.625% with 1 point. should I lock it? It seems that there are lenders who's offering lower rate around, but since I'm closing on 6/30, is there enough time if I switch lenders, starting the whole application process all over again?"    View Post

"thanks troy and clem! I'm going with conventional 30 year fixed. average credit score above 740. single family house, purchase. LTV is 51.6%, I'm financing 702k on a 1.36M property. as I'm in SF bay area, the amount is jumbo comforming? My case is a little bit complicated as I'm putting down 10% cash as downpay, and the rest comes from a 0 interest loan program from my employer. advise please!!"    View Post

"My escrow is scheduled to close 6/30, and my loan officer is telling me that I need to lock in a rate before 6/19. As the rate didn't go up further today, should I lock now? I'm quoted at 6.0% with 0.125 points. should I wait till tomorrow? It's still hard to believe that I'm cnosidering to lock at next to highest level of interest rates in the past two weeks. help please!"    View Post