Answers

Is a 6.37% good for a 100% mortgage rate?

For right now...I'd say that was good.

Best Answer:

For right now...I'd say that was good.

Answers:

Trey - 2007-04-25 12:20:45
how long is the term?

khac - 2007-04-25 12:20:23
no...mine is 3.24% at 100%. Keep looking. :) Good luck.

novastarbanker - 2007-04-25 12:22:40
Yes, 6.375 is an excellent rate on 100% financing, just make sure it is locked in and you will have no issues. Remember borrowing over 80% is a huge liability for the bank, so to get a rate like that with 100% is almost impossible in todays market. I am a loan officer for 7 years now, and I qualify loans all day.

BB - 2007-04-25 13:05:10
yes that is a good rate. But what kind of program is it that you getting in to . Just because its a low rate doesn't mean it the best program for you.