Who has the best home loan rates these days? | FerrariChat

Who has the best home loan rates these days?

Discussion in 'Other Off Topic Forum' started by HMS, Sep 3, 2008.

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  1. HMS

    HMS Formula 3

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    Zack Sursio
    I'm in CA.....looking to purchase a home....which bank is giving the best loan rates?


    Thanks in advance..
     
  2. Darolls

    Darolls F1 Veteran BANNED

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    I'm surprised that someone who say's they're "self employed/realstate [sp.])" wouldn't know!
     
  3. Gershwin

    Gershwin F1 Veteran

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    that is exactly why he is asking - most don't shop it I suspect. I've self employeed and in real estate and I'm always interested in the scuddle-but.

    Although he needs to qualify the type of mort. he's looking for - and terms. Strandard, jumbo or super-jumbo loan, equity, credit score will play a roll as well as a good relationship w/ a local bank. Banks are still lending - considerations will be more precise and conservative.


    Good luck
     
  4. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

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    Anyone know if it's possible to acquire a loan from a bank overseas? Japan has very low interest rates so I've been curious if you can acquire a loan from them to purchase a home here. Of course if you buy the loan in Yen, your payment will fluctuate with the strength of the USD. 3% from Japan is still much better than 6% in the US as long as the dollar doesn't crash...
     
  5. djui5

    djui5 F1 Veteran

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    bankrate.com
     
  6. Whisky

    Whisky Three Time F1 World Champ Silver Subscribed

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  7. Gershwin

    Gershwin F1 Veteran

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    Is it worth a 3% clip?

    Always a good idea in my opinion to find a local banker and establish a relationship because so much can change/morph during the term of a mortgage.
     
  8. BBL

    BBL Formula Junior

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    Rates are dropping fast now...
     

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