October 14, 2009

Rate Update: 3.49% is Available! Thats Right, I said 3.49%!

Heres the catch: In order to get this rate, you gotta have at least a 750 middle fico score, an ltv of 80% or below, a loan amount of $200,000 or more (up to 417,000.00) and its gonna cost you 1.5 points total. One last thing, this is a 5/1 adjustable and these rates are for Florida only (other states could be more or less, but i mainly do loans in florida). If you want a little more security, i can do a 7/1 arm at 3.99, same cost. Get em' while they're hot, these rates wont last long! (apr 3.6 and 4.09 respectively and obviously not everyone will qualify for these rates)




Posted by Joseph P. Mazzei at www.mymortgagebroker.blogspot.com