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Box Home Loans Discounts, Deals and Coupon Codes

Mortgages: Refinance or Purchase at 3.125% with $0 closing costs or even a credit towards closing with Box Home Loans

bryantq 1,315 June 7, 2012 at 09:15 PM in Home & Home Improvement (7) More Box Home Loans Deals
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Last Edited by bryantq November 28, 2012 at 03:14 PM
Box Home Loans [boxhomeloans.com/slickdeals/] is offering an extra credit of 1/8th of a point on top of their already low rates and fees to Slickdeals users.

This allows some well qualified individuals to refinance or purchase a home at 3.125%* for no cost or even get a credit (they pay you!) towards closing.

Here at Slickdeals, we've actually had several employees use Box Home Loans, and after realizing it was such a good deal, we reached out to them to see if they could offer something even sweeter to our users. We've done a lot of comparison shopping for our own personal homes and Box Home Loans have always been the lowest (so far!) in fees, closing costs and rates! From our personal experience, its fast and no-nonsense.

Box Home Loans services the following states:
  • Arizona
  • California,
  • Colorado,
  • Idaho,
  • Nevada,
  • New Mexico,
  • Oregon,
  • Texas,
  • Utah
  • Washington
To give you guys an idea of the rate comparisons we did some research today*:
RATES ARE ALWAYS CHANGING SO BE SURE TO CHECK THE BOX HOME LOANS WEBSITE FOR CURRENT RATES - ITS EASY, NO EMAIL NECESSARY JUST PLUG IN THE NUMBERS.


Purchase:
LenderRateAPRClosing Costs
Box Home Loans (Slickdeals) [boxhomeloans.com]3.75%3.75%Free + $250 Credit
Box Home Loans (Direct)3.75%3.75%Free
First Internet Bank3.75%3.83%$1621
Amerisave3.75%3.83%$1991
Penfed3.75%3.81%$3562
Chase3.75%3.96%$4314
Box Home Loans (Slickdeals) [boxhomeloans.com]3.625%3.685%$1845
Box Home Loans (Direct)3.625%3.685%$2095
First Internet Bank3.625%3.704%$2649
Amerisave3.625%3.705%$2782
Penfed3.625%3.81%$5812


Refinance:
LenderRateAPRClosing Costs
Box Home Loans (Slickdeals) [boxhomeloans.com]3.75%3.75%Free + $80 Credit
Box Home Loans (Direct)3.75%3.75%Free
First Internet Bank3.75%3.83%$1757
Amerisave3.75%3.83%$565
Penfed3.75%3.8%$2188
Chase4.25%4.32%$3960
Box Home Loans (Slickdeals) [boxhomeloans.com]3.625%3.685%$1845
Box Home Loans (Direct)3.6253.685%$2095
First Internet Bank3.625%3.702%$2785
Amerisave3.625%3.705%$1773
Penfed3.625%3.768%$4438

Assumptions:
  • 30 Year Fixed Conventional Loan
  • $250,000 Home Value
  • $200,000 Loan Value
  • Clark County, Nevada
  • 740+ Credit Score
*Rates and data as of 06/07/2012 10:22am. We can't guarantee the availability of these rates, just showing you as a representative sample when we did the research!

514 Comments

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#436
Quote from Kanjuice View Post :
If you have not paid anything out of pocket yet, i would just call and tell them you do not want to refi anymore. Find another lender first...

I just got a rate of 3.375% for 30 yr, 80% LTV without any costs. I am in Michigan. Found multiple persons offering those same rates....
I've been charged for the appraisal and reimbursed with points. I don't know if I can pull out at this moment.

I'm refi'ing for more than $417K so am gonna pay slightly more than the conforming loans.
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#437
I refinanced with Provident. It was closed a week ago. The whole process took about two months. I have two rooms with no permits in the garage and they said that they would deny my loan. But they later changed their mind and said that they would approve my loan. So, I think that provident is good if everything is standard. But if you have any modification to your home, you will need to be careful.
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#438
Quote from gotojanoo View Post :
Can they refinance without appraisal or if they credit back appraisal if appraisal came low?
Wanna refinance currently have 4.75.,but 3 month ago appraisal came 25k low. Don't wanna risk 500 more for appraisal lol.
Yes there are loans that dont require appraisals such as Fannie Mae DU Refi Plus or Freddie Mac Open access, but both programs need an AUS (automated underwriting system) report stating the appraisal waiver. Also both programs, you note must have recorded with Fannie or Freddie prior to June 1, 2009. Also, both programs were designed to help home owners that are up side down. Hope this helps.
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#439
Quote from gotojanoo View Post :
Can they refinance without appraisal or if they credit back appraisal if appraisal came low?
Wanna refinance currently have 4.75.,but 3 month ago appraisal came 25k low. Don't wanna risk 500 more for appraisal lol.
Noadays, most lenders have no control over where the appraisal will go.
I went thru the same frustration last yr. Got a great rate from Amerisave but the appraiser screwed me, he came 45,000 less.
Instead then in dec 11 I went with this other lender who was able to use a drive by appraisal.I went to 3.875 @30 for no closing cost then.

Now I am ready to do refi again - 2.875 @ 15yr with no closing costs to me.
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#440
Does Box Home Loans lend loans for investment properties?
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#441
Quote from aunghtain View Post :
Does Box Home Loans lend loans for investment properties?
Dontknow But I don't see why not. It would be worth a call to find out.
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#442
Quote from Schooby View Post :
Dontknow But I don't see why not. It would be worth a call to find out.
I can't find an option to choose investment properties for rate calculator.
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#443
Quote from aunghtain View Post :
I can't find an option to choose investment properties for rate calculator.
You should give them a call...but wouldn't you pick residential property?
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#444
Quote from aunghtain View Post :
I refinanced with Provident. It was closed a week ago. The whole process took about two months. I have two rooms with no permits in the garage and they said that they would deny my loan. But they later changed their mind and said that they would approve my loan. So, I think that provident is good if everything is standard. But if you have any modification to your home, you will need to be careful.
How did they find out about those rooms?
The reason I am asking is because I finished my basement and built a sizable deck all up to code, just no permits.

Thanks
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#445
Quote from Zurg View Post :
How did they find out about those rooms?
The reason I am asking is because I finished my basement and built a sizable deck all up to code, just no permits.

Thanks
During appraisal. The appraisal guy said the total square feet didn't match with the record. He said that he had to report it.
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#446
Quote from Schooby View Post :
You should give them a call...but wouldn't you pick residential property?
i just chatted with them online. they dont loan for investment properties.
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#447
Quote from dssproxy View Post :
Who do you think buys mortgages from BHL.. Closed Sept 17th.
I was told it was usually Wells Fargo, Penny Mac, or Providence. It's too bad they're so swamped because the customer service could have been better, especially since I had to close a day later. I'd probably refinance with them again. Their rates were too good to pass up. Hopefully the next one will be smoother.
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#448
Quote from aunghtain View Post :
i just chatted with them online. they dont loan for investment properties.
Bummer..sorry but thanks for the info. It might help others.

Quote from OCSD View Post :
I was told it was usually Wells Fargo, Penny Mac, or Providence. It's too bad they're so swamped because the customer service could have been better, especially since I had to close a day later. I'd probably refinance with them again. Their rates were too good to pass up. Hopefully the next one will be smoother.
Yeah mine from Jan was sold to PennyMac. I never had any issues with them. I kind of hope it goes back to them again since it was trouble free. Smilie


I did talk to the loan officer the other day (I had a follow up comment for him) and while talking he did ask that I email him with any feedback or suggestions on what I think would help it run smoother. I mentioned that a few people on the forum commented on how long it took and were a bit concerned that their lock date might get passed up. He said they were working on that since yes, they did get swamped with the drop of interest rates. They want to reduce the amount of time it takes for the process to be completed. When I did mine in Jan. I think it only took about a month. This time I was down to being within a few days of my lock date ending.

Feel free to shoot them an email with any feedback. All-in-all I have been happy with the service and admit that when I did this the first time in Jan I was very skeptical and a bit nervous doing this all on line but it went quite well.
They seem to have really good customer service.


Heck if the rates keep going down I just might do this again in a few months Stick Out Tongue





* And I just got word that it was indeed sold to PennyMac again laugh out loud Thumbup
Last edited by Schooby October 2, 2012 at 03:04 PM
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#449
Who is offering this: Now I am ready to do refi again - 2.875 @ 15yr with no closing costs to me


Quote from goastros View Post :
Noadays, most lenders have no control over where the appraisal will go.
I went thru the same frustration last yr. Got a great rate from Amerisave but the appraiser screwed me, he came 45,000 less.
Instead then in dec 11 I went with this other lender who was able to use a drive by appraisal.I went to 3.875 @30 for no closing cost then.

Now I am ready to do refi again - 2.875 @ 15yr with no closing costs to me.
Reply Helpful Comment? 0 0
#450
Quote from Tj05 View Post :
Who is offering this: Now I am ready to do refi again - 2.875 @ 15yr with no closing costs to me
which state are you in ? PM me and I can give you the company's number.
I have closed with them twice in past . I will be closing next week at my locked rate of 2.75 for 15 yrs with 0 closing costs. (locked on 9/25)
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