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Feb 27, 2012 Harp 2 - Is This Interest Rate too High?
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Thread created 02-27-2012 by bobsmith1878
0 Score 4 Replies 2,578 Views
Post #48047426 added 02-27-2012 9:48 PM by bobsmith1878 in Archived Deals
We have been waiting for Harp 2 to go live and our current lender, Chase, just offered us a rate that i would like some input on. Here are the details. Current Loan Amount $300,000 6.25%...
Feb 27, 2012 Harp 2 - Is This Interest Rate too High?
Expired
Thread created 02-27-2012 by bobsmith1878
0 Score 4 Replies 2,578 Views
Post #48064586 added 02-28-2012 12:13 PM by LiquidRetro in Archived Deals
Seems kind of high but there are a lot of factors here like area of the country, your credit score, etc.
Feb 27, 2012 Harp 2 - Is This Interest Rate too High?
Expired
Thread created 02-27-2012 by bobsmith1878
0 Score 4 Replies 2,578 Views
Post #48047586 added 02-27-2012 9:55 PM by bobsmith1878 in Archived Deals
(Removing duplicate post)
Feb 27, 2012 Harp 2 - Is This Interest Rate too High?
Expired
Thread created 02-27-2012 by bobsmith1878
0 Score 4 Replies 2,578 Views
Post #48066030 added 02-28-2012 1:06 PM by TomJames in Archived Deals
I would be shocked if private business gave a better rate than that. They have to price in the risk that you will jingle mail them as the house price is just to low.
Feb 27, 2012 Harp 2 - Is This Interest Rate too High?
Expired
Thread created 02-27-2012 by bobsmith1878
0 Score 4 Replies 2,578 Views
Post #48182056 added 03-03-2012 2:52 PM by tiedyed1 in Archived Deals
On March 17th many lenders will start utilizing the HARP 2 guideline to lift the LTV cap. Although we have not seen what if any price adjustments may be associated with the LTV over the current...

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