new home owners come here

[macha]

Call this guys and check if he can do in your state or they have contact. I got my self for 2022 November lock in 

Aaron Heimowitz 

609-577-3334

 

David DiOrio

NMLS #: 1519050

Mortgage Advisor

Weichert Financial Services

W: (609) 273-6654

 

or 

Caliber homes NJ

908) 963-6966

[BejawadaChow]

On 12/17/2021 at 10:57 PM, camsam said:

I locked this Tuesday for 2.38%/20 years.

check rates in websites like nerdwallet and bankrate and ask your lender to match those advertised rates.

Try better.com, they are online mortgage company and will show rates with soft pull, so no effect to credit score.

good info

[Anta Assamey]

On 12/17/2021 at 9:11 PM, macha said:

Nope you can get it up to 12 months only thing is you should be sure that you would be buying house before 12th month..

Never heard of this... which bank is doing it..

[Anta Assamey]

22 hours ago, reality said:

Ayina 12 months wait endhuku…. konalanukunte koneyadame…. Don’t think much!!

May be building it emo.. Then it will take some time ...

[macha]

19 hours ago, macha said:

Call this guys and check if he can do in your state or they have contact. I got my self for 2022 November lock in 

Aaron Heimowitz 

609-577-3334

 

David DiOrio

NMLS #: 1519050

Mortgage Advisor

Weichert Financial Services

W: (609) 273-6654

 

or 

Caliber homes NJ

908) 963-6966

 

3 hours ago, Anta Assamey said:

Never heard of this... which bank is doing it..

 

[Anta Assamey]

2 hours ago, macha said:

 

 

If you don't mind telling what is the rate you got.. That is fine if you do not want to ..

[phatposts]

On 12/17/2021 at 2:12 PM, veerigadu said:

KVP gallu trying to trap me with variable interest. I want fixed interest one.

There could be multiple reasons 

You are talking to KVP Banks

Your credit score & credit profile is KVP

 

 

[Vaampire]

I owned home for 8 yrs. Never had loan for fixed %… always 5 or 7/1 arm

[mummadi]

On 12/18/2021 at 7:21 AM, veerigadu said:

Closing costs for refinancing will neutralize the positives noo??

Bhayya find lowest rates offering lender thru friends or family and go refinance.  Mundu chala credits vache untai ga..malli refinance lo entho kontha kottu..overall ga positive e ga..

[mummadi]

On 12/18/2021 at 7:40 AM, quickgun_murugun said:

Next year full penchutamani feds already confirm chesaru kada 

Next year endi bhayya? 1 month from now refinance antunte..2022 antava? antha scene ledu le. okavela penchina ikkada credits tiskuntav kada elagu...they will not offset completely upon refinancing.so overall positive balance e

[mummadi]

On 12/18/2021 at 10:21 AM, nokia123 said:

Ardham kaale 

100k loan

 

Scenario 1:

first lender gives.

3% rate , 0 closing costs. and

2.75% rate, pay 3000$ to lender

Mostly you will go for 3% rate coz 0 closing costs.

 

 

Scenario 2: (nenu cheppedi)

Not just 3% or 2.75% rate adagaku lender ni ,  ask for 4% rate...reverse lo vaade 7000$  credits isthadu neeku..

aa 4% rate adugu.. close the loan, move into home, pay first month mortgage.

Immediate ga refinance chei...Bochedu lenders tho matladu..thru friends and family...ippudu 3% rate ki closing costs adugu..

mostly vadu hypothetical oka 2000$ aduguthadu.. so tisesko.

 

overall ga

2 months lo u ended up with 3% rate...(+7000-2000) = $5000 profit.

 

4% e kakunda...highest entha unte antha tisko..5% or 6% aina sare..maximum credits laagu..

 

 

evadevado immediate refinance cheyocha, hard inuqiries ok na ani sollu estharu..lite tisko..antha pedda farak padadu back to back hard inquiries. 30 days lo all hard inquiries anni oke laga treat chestharu...bongulo credit score eedchi kodthe 20-30 points thagguthai..em cheskuntav bhayya aa score tho..fold n keep in kerchief kakapothe..

 

Enjoy !

 

Let me know how it goes

[mummadi]

On 12/18/2021 at 2:21 PM, pandemkodi said:

Works perfectly unless the rates go up 

1 month lo em change avuddi bhayya..picha lite tisko..market gurinchi idea ledu neeku..ignore.

[mummadi]

On 12/18/2021 at 1:56 PM, veerigadu said:

I think he is saying that. In some cases with high interest rate unte lenders will reward some points that will waive some or most of the closing costs. But however when we refinance closing costs will revisit us again kadha. I don’t get that point again unless @mummadi has something else he is referring to 

detailed reply icha ippude..chudu

[camsam]

5 hours ago, mummadi said:

100k loan

 

Scenario 1:

first lender gives.

3% rate , 0 closing costs. and

2.75% rate, pay 3000$ to lender

Mostly you will go for 3% rate coz 0 closing costs.

 

 

Scenario 2: (nenu cheppedi)

Not just 3% or 2.75% rate adagaku lender ni ,  ask for 4% rate...reverse lo vaade 7000$  credits isthadu neeku..

aa 4% rate adugu.. close the loan, move into home, pay first month mortgage.

Immediate ga refinance chei...Bochedu lenders tho matladu..thru friends and family...ippudu 3% rate ki closing costs adugu..

mostly vadu hypothetical oka 2000$ aduguthadu.. so tisesko.

 

overall ga

2 months lo u ended up with 3% rate...(+7000-2000) = $5000 profit.

 

4% e kakunda...highest entha unte antha tisko..5% or 6% aina sare..maximum credits laagu..

 

 

evadevado immediate refinance cheyocha, hard inuqiries ok na ani sollu estharu..lite tisko..antha pedda farak padadu back to back hard inquiries. 30 days lo all hard inquiries anni oke laga treat chestharu...bongulo credit score eedchi kodthe 20-30 points thagguthai..em cheskuntav bhayya aa score tho..fold n keep in kerchief kakapothe..

 

Enjoy !

 

Let me know how it goes

 zero closing costs==> Do you mean section A+B+C in your loan estimate?  even if A&B are waived , C will always remain(Title ), by zeroing it out, mostly they get added to your loan amount. isn't that right?

[mummadi]

1 hour ago, camsam said:

 zero closing costs==> Do you mean section A+B+C in your loan estimate?  even if A&B are waived , C will always remain(Title ), by zeroing it out, mostly they get added to your loan amount. isn't that right?

Bhayya adi own research cheyi bhayya...so many things vary by state. Closing costs ante ento find out okasari.  Ofcourse few sections are mandatory.  mari spoon feeding em cheyali bhayya 0 closing costs ante enti ani...thats for another thread. not this one.