Buying my dads property

4 Replies

4.25% seems a little high to me for a very well qualified buyer.    You are also paying mortgage insurance.   Not a huge deal.

Is this for a primary residence or for an investment property?

@Damilola Adedji

Rate seems fine. You might be able to find something a little lower but probably not much. All I can do is compare it to when I got a conventional loan 2 years ago. I had 800+ credit, a good job, and my rate was 4.125%.