Y******u
发帖数: 1912 | 1 【 以下文字转载自 Living 讨论区 】
发信人: YonahYou (Yonah), 信区: Living
标 题: 帮忙看看这个mortgage broker靠不靠谱
发信站: BBS 未名空间站 (Wed May 9 14:06:11 2012, 美东)
在NYC,上个星期mortgage broker报了一个30Y Fixed 4.125 APR
这个是不是很高？我看板上怎么都是3.75或更低？没有point, no origination fee.
他解释说因为我FICO 700要加0.75point, 20% downpayment on condo要加0.75point,
所以折合成APR就是4.125左右。他说如果我愿意的话可以多出点rate拿1%的point来
cover部分closing cost(我现在钱只够付closing，不想之后一点存款都没有).
另外他给的GFE closing cost大概是13K (490K condo, 20% down)
你觉得这些靠谱吗？ |
c***a
发帖数: 942 | |
m*******y
发帖数: 14292 | 3 you found a place you like?
why dont you reach out to more agents? get comparison.
in my case, we worked with two agent parellely, one from wells fargo, one
from bank of america, these banks approved this building previously, meaning
there are similar units got loan from these two banks. at the begining BOA
offers better interest rate and lower downpayment and less paperwork, we use
BOA to negotiated with WF, and at the end WF came down and with less
paperworks. we went with wf. only lose here is the one extra application fee
we did not accept the offer from.
you have to talk to more than one bank. different banks have different
vision on real estate. some prefer condo, some prefer house. it is not your
problem. you just need to find the "right" bank. |
j**4
发帖数: 10425 | 4 those 3.75 are 750 above fico score, single houses, and just interest rate.
urs are 4.125 apr for condo, very good
【在 Y******u 的大作中提到】
: 【 以下文字转载自 Living 讨论区 】
: 发信人: YonahYou (Yonah), 信区: Living
: 标 题: 帮忙看看这个mortgage broker靠不靠谱
: 发信站: BBS 未名空间站 (Wed May 9 14:06:11 2012, 美东)
: 在NYC,上个星期mortgage broker报了一个30Y Fixed 4.125 APR
: 这个是不是很高？我看板上怎么都是3.75或更低？没有point, no origination fee.
: 他解释说因为我FICO 700要加0.75point, 20% downpayment on condo要加0.75point,
: 所以折合成APR就是4.125左右。他说如果我愿意的话可以多出点rate拿1%的point来
: cover部分closing cost(我现在钱只够付closing，不想之后一点存款都没有).
: 另外他给的GFE closing cost大概是13K (490K condo, 20% down)
|
Y******u
发帖数: 1912 | 5 thanks.
【在 c***a 的大作中提到】
: 700低了点，这个差的不多。
|
Y******u
发帖数: 1912 | 6 yes Williamsburg. A 3 year condo at riverside, 25 year tax abate. The
previous rent is $2500.
Thanks for the input. I will ask more agents. Is it normal practice to work
with more than one agent at same time? Do I need to let my current agent
know about it?
meaning
BOA
use
fee
【在 m*******y 的大作中提到】
: you found a place you like?
: why dont you reach out to more agents? get comparison.
: in my case, we worked with two agent parellely, one from wells fargo, one
: from bank of america, these banks approved this building previously, meaning
: there are similar units got loan from these two banks. at the begining BOA
: offers better interest rate and lower downpayment and less paperwork, we use
: BOA to negotiated with WF, and at the end WF came down and with less
: paperworks. we went with wf. only lose here is the one extra application fee
: we did not accept the offer from.
: you have to talk to more than one bank. different banks have different
|
Y******u
发帖数: 1912 | 7 Thanks :)
.
【在 j**4 的大作中提到】
: those 3.75 are 750 above fico score, single houses, and just interest rate.
: urs are 4.125 apr for condo, very good
|
m*******y
发帖数: 14292 | 8 not real estate AGENT. morgage originator i meant. and yes it s common to put in more that one loan application with more than on banks.
the location is great! good luck!
work
【在 Y******u 的大作中提到】
: yes Williamsburg. A 3 year condo at riverside, 25 year tax abate. The
: previous rent is $2500.
: Thanks for the input. I will ask more agents. Is it normal practice to work
: with more than one agent at same time? Do I need to let my current agent
: know about it?
:
: meaning
: BOA
: use
: fee
|
a*o
发帖数: 25262 | 9 It's the same as shopping around, in this case, you shop for the lowest
interest rate. You choose the best deal. If you haven't signed anything, you
don't need to tell.
Closing cost is that low? maybe for condos..
work
【在 Y******u 的大作中提到】
: yes Williamsburg. A 3 year condo at riverside, 25 year tax abate. The
: previous rent is $2500.
: Thanks for the input. I will ask more agents. Is it normal practice to work
: with more than one agent at same time? Do I need to let my current agent
: know about it?
:
: meaning
: BOA
: use
: fee
|
m*******y
发帖数: 14292 | 10 the closing cost is amazing. i just closed on one it costs me 20000$
mtfk
you
【在 a*o 的大作中提到】
: It's the same as shopping around, in this case, you shop for the lowest
: interest rate. You choose the best deal. If you haven't signed anything, you
: don't need to tell.
: Closing cost is that low? maybe for condos..
:
: work
|
|
|
Y******u
发帖数: 1912 | 11 the only large cost for closing is mortgage tax. Others are small numbers.
How do you get to $20K? New Development?
【在 m*******y 的大作中提到】
: the closing cost is amazing. i just closed on one it costs me 20000$
: mtfk
:
: you
|
Y******u
发帖数: 1912 | 12 cool thanks. I apply mortgage via mortgage broker not via bank directly. But
I think it is the same.
put in more that one loan application with more than on banks.
【在 m*******y 的大作中提到】
: not real estate AGENT. morgage originator i meant. and yes it s common to put in more that one loan application with more than on banks.
: the location is great! good luck!
:
: work
|
m*******y
发帖数: 14292 | 13 yes... new construction. bought it directly from the sponsor..
【在 Y******u 的大作中提到】
: the only large cost for closing is mortgage tax. Others are small numbers.
: How do you get to $20K? New Development?
|
Y******u
发帖数: 1912 | 14 transfer tax is high in that case...
【在 m*******y 的大作中提到】
: yes... new construction. bought it directly from the sponsor..
|
m********s
发帖数: 5 | 15 Normally, for new construction the Seller/Developer is asking buyer to pay
transfer tax.
Amor que quiere libertarse
para volver a amar
Amor divinizado que se acerca
Amor divinizado que se va
【在 m*******y 的大作中提到】
: yes... new construction. bought it directly from the sponsor..
|
r*******t
发帖数: 8550 | 16 Ask him what the no-closing-cost ($0 closing cost) APR is
【在 Y******u 的大作中提到】
: transfer tax is high in that case...
|
