How low can we go? 30 yr fixed at 3.75% with no fees...

aquabliss said:
Was 2.75% the posted rate when you locked, or did they go below the posted rate?
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Owning's advertised rate was 2.99% when I applied.

They went below after I provided competitive LEs from Lenderfi, Loan Factory & Total Quality Lending .
 
eyephone said:
I checked lenderfi and saw 3%.
Maybe I am doing something wrong or do not have the connections.  ;)
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Their online quotes are typically lower than what they will offer. If you fill out an application, a loan officer will contact you within 1-3 days and discuss options. I tend to prefer a true zero cost loan where I sacrifice a bit on rate to get a lender credit that covers all costs in Sections A, B, C, and E on the official loan estimate. That way I have no skin in the game and can refi again down the road if rates continue to fall.
 
I canceled the refi I was working on with a family friend and ended up going with owning.com
Currently in the process of closing at 2.99% with $0 fees. Townhome w/ conventional, high LTV 30 year loan .
 
ChiKid24 said:
eyephone said:
I checked lenderfi and saw 3%.
Maybe I am doing something wrong or do not have the connections.  ;)
Click to expand...

Their online quotes are typically lower than what they will offer. If you fill out an application, a loan officer will contact you within 1-3 days and discuss options. I tend to prefer a true zero cost loan where I sacrifice a bit on rate to get a lender credit that covers all costs in Sections A, B, C, and E on the official loan estimate. That way I have no skin in the game and can refi again down the road if rates continue to fall.
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Seems that way to me as well. Their site indicates 2.625  with credit that covers all closing but that's NOT what you get in LE.
 
eddieuclabruin said:
I canceled the refi I was working on with a family friend and ended up going with owning.com
Currently in the process of closing at 2.99% with $0 fees. Townhome w/ conventional, high LTV 30 year loan .
Click to expand...

You should be able to get better than 2.99% without fees. That's what Owning was advertising over a month ago. Rates have improved since then.

If you're unsatisfied with Owning let me know and I can help you out :)
 
Cares said:
eddieuclabruin said:
I canceled the refi I was working on with a family friend and ended up going with owning.com
Currently in the process of closing at 2.99% with $0 fees. Townhome w/ conventional, high LTV 30 year loan .
Click to expand...

You should be able to get better than 2.99% without fees. That's what Owning was advertising over a month ago. Rates have improved since then.

If you're unsatisfied with Owning let me know and I can help you out :)
Click to expand...

Can you beat 2.75 @ 25 years <765K 830 FICO.

If you can, you can have my business. LMK.
 
Haven't been paying attention to rates since I closed on 3.25% about 2 months ago.  Now I have to decide if I should refi again and lose my MCC (20% credit on interest).  What would you do?  The MCC loses a little value every year so it's tough to compare apples to apples.  Right now my break even rate is about 2.375%.  Have any of you decided on giving up the MCC for a lower rate?  I already refinanced once and that's all I'm allowed to do.  I refinance again and the MCC is gone for good. 
 
woodburyowner said:
Wow, check out owning.com's rates today!! 30 year 2.50% conventional.  2.625 for high balance conforming.
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I'm actually very very surprised Owning can do 2.5%. I'm not seeing the rates there with any of our lenders and we have consistently been able to beat or match Owning.
 
Cares said:
eddieuclabruin said:
I canceled the refi I was working on with a family friend and ended up going with owning.com
Currently in the process of closing at 2.99% with $0 fees. Townhome w/ conventional, high LTV 30 year loan .
Click to expand...

You should be able to get better than 2.99% without fees. That's what Owning was advertising over a month ago. Rates have improved since then.

If you're unsatisfied with Owning let me know and I can help you out :)
Click to expand...

Cares helped me out with an investment condo refinance that closed last week. One thing to note is they are not Owning or Cash Call - so it'll take 30-45 days to close a loan. But, their rates are competitive and have responsive customer service. I would definitely recommend them.
 
woodburyowner said:
Wow, check out owning.com's rates today!! 30 year 2.50% conventional.  2.625 for high balance conforming.
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Just heard from a friend of mine that Owning would do 2.5% for high balance conforming loan if he locks today. ( LTV <50% )

That's a really sweet deal. Looks like I pulled the trigger too early.
 
best_potsticker_in_town said:
Cares said:
eddieuclabruin said:
I canceled the refi I was working on with a family friend and ended up going with owning.com
Currently in the process of closing at 2.99% with $0 fees. Townhome w/ conventional, high LTV 30 year loan .
Click to expand...

You should be able to get better than 2.99% without fees. That's what Owning was advertising over a month ago. Rates have improved since then.

If you're unsatisfied with Owning let me know and I can help you out :)
Click to expand...

Cares helped me out with an investment condo refinance that closed last week. One thing to note is they are not Owning or Cash Call - so it'll take 30-45 days to close a loan. But, their rates are competitive and have responsive customer service. I would definitely recommend them.
Click to expand...

Thanks glad you were happy with your experience.

How's your new Tesla?  8)
 
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