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What interest rate can I expect on a mortgage loan with my credit scores?
What interest rate can I expect on a mortgage loan with my credit scores?
Today I have 564 588 654…I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan with the bank. I want a fixed rate, 100% financing, 30 yr loan for $160,000. My income and debt ratios are good. I am closing on the Aug 6th. I have already had the house appraised at $162K, I am paying over $5K in closing costs, and the house has been inspected. This is my first home purchase, is there anything I am missing?
Today I have 564 588 654…I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan with the bank. I want a fixed rate, 100% financing, 30 yr loan for $160,000. My income and debt ratios are good. I am closing on the Aug 6th. I have already had the house appraised at $162K, I am paying over $5K in closing costs, and the house has been inspected. This is my first home purchase, is there anything I am missing?
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This entry was posted on September 27, 2009, 10:18 pm and is filed under Home Loans. You can follow any responses to this entry through RSS 2.0. You can leave a response, or trackback from your own site.
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Can someone tell me how collateral loans work or secured loans?
October 24, 2009 - 7:19 pm
Posted in Student Loans | 1 Comment
I own four condo properties outright. I plan to put three units up for collateral. I need to know if there are any fees or interests attached to the loans? If so, what is the going interest rate for collateral loans? What are the kinds of fees to expect?
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Is there a way I can take out student loans and pay my car loan off with it?
October 20, 2009 - 2:12 am
Posted in Car Loans | 5 Comments
I owe about 12,000 on my car loan with an interest rate over the roof….I figured if I borrowed a lot of money i could pay that loan off with the money I borrowed and get a really low interest rate for my car. Am I allowed to do that?
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How to get a low interest rate on a new car loan?
October 16, 2009 - 4:22 am
Posted in Car Loans | 4 Comments
I am 19, I have no credit. Never had any loans or credit cards. What is the best way to get a car loan with a low interest rate. Currently I have been approved for a rate of 7.25% is there any lower? Please help. Thank You
Related Post:Best source for new car loan with bad [...]
How do I consolidate student loans from different lenders?
October 12, 2009 - 4:22 pm
Posted in Student Loans | 2 Comments
I have three loans from three different lenders. Who would buy up all three of my loans and give me a decent interest rate? I have good credit.
Related Post:Can someone tell me how collateral loans work or secured loans?Is there a way I can take out student loans and pay my car loan [...]
How do I estimate my student loan interest payments?
September 25, 2009 - 3:11 am
Posted in Student Loans | 3 Comments
I’m trying to figure out how much my student loan interest payments will be monthly.
The loan is for $5,000. The interest rate will be approximately 8.2% (it’s variable, though). The repayment window is 72 months.
How much per month would I pay in interest? I need to know before applying for the loan and getting stuck [...]
Can i get a car loan with bad credit and no down payment?
August 25, 2009 - 3:09 pm
Posted in Car Loans | 8 Comments
what would be the interest rate, and monthly payments for a loan for $18,000?
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Im late on a car title loan payment
I was due on friday the interest rate is 300 percent i owe them 160 how much will they add for me being 2 days late since i plan on paying them tomorrow.
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Question About Unsecured Personal Loan Advice/Answers?
August 21, 2009 - 5:27 pm
Posted in Personal Loans | No Comments
Hello to everyone reading this! Im a 22 year old living in the bay area, ca. Im living with my parents right now, and was wondering if I can get a unsecured personal loan at all with my status:
Got 3 visa credit cards, never late on any payments, i’ve got probably around 300$ in debt [...]
I want to know about what is the lowest interest on a federal education loan?
August 19, 2009 - 9:59 pm
Posted in Student Loans | 2 Comments
As a parent…I’m looking for where to apply for a low interest rate on a federal education loan…is there such a thing at this time??
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What type of home loan is best for someone with 680 Credit score, no money down?
August 2, 2009 - 11:40 pm
Posted in Home Loans | 11 Comments
I’m looking to buy a home. My credit score is 680, but I have no money to put down. What is the best loan option for me? A friend is buying a home and he says his rate is 1% and his mortgage increases by 1% per year. Not his interest rate, but his mortgage [...]
September 30, 2009 - 10:32 am
Im not sure you can get 100% with your mid score. Now adays the banks are way tougher than they were a couple of years ago, If they do the loan you’re probably looking at an 80-20 “2 loans 1 for 80% and 1 for 20%. The 80% one probably around 9%-10% and the 20% one at around 13%.
October 1, 2009 - 3:51 pm
With the way the market is today, I’, sure the banks are bending some of the rules a bit , but know that you will be paying more than you would if your score was higher. My advice would be to go ahead and get the mortgage, then keep an eye on you r credit, pull it again in 6 months and refinance for possibly a lower rate. Do not buy anything new on credit, just pay what you have in a timely manner. Your credit will improve.
October 1, 2009 - 6:49 pm
Well your income is going to need to be SUPER high to get anything even remotley decent with those credit scores. Espeically 100% financing. Im not sure you can even get that.
TAKE MY ADVICE. ..you will never make any money on this deal unless you house happens to skyrocket. Your rates will be too high, and you will be going in with zero equity. Wait a while, save some money for a downpayment, and get your credit scores up over 620 or so.