I am a father of 2 and in the process of buying my first house from my dad. Would you care to take a look at the loan estimate. I want to make sure i am getting the best rate. Thank you
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?
Primary residence and thanks for the reply
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%.
Ok, thats a great feeling. I appreciate all the replies. Thanks guys