Will I get less than the average mortgage rates if I have great credit?

Posted on Oct 2, 2022 in Unique Loan Programs

Check out these apartment building pictures:

Observatory Hill Apartment Constructing

Image by joseph a
This was one particular of a few eye-catching apartment buildings located in Pittsburgh’s overlooked Observatory Hill neighborhood.

If you would like to see much more homes click here…
VITAL STATISTICS
211 Neil Ave., pharmacy Marion, treat Ruth Wheeler to Frederick R. Davis Jr., $ 8,500. 1817 Harding Highway W., Marion, Federal Home Loan Mortgage Corporation to Timothy C. Fogle Jr., $ 103,000. 1287 Sunset Road, Marion, Norma J. Johnson to Nancy J. Axline, $ 40,500 …
More informaiton please visit here…

In Cyprus port, Russian money flows freely
Home to over 30,000 Russians who began flocking to Cyprus after the Soviet Union's collapse and catering to many more tourists each year, locals jokingly refer to the town, complete with Russian signs and schools, as "Limassolgrad". "Cyprus is a …
More informaiton please visit here…

Question by alicia s: I need help to help my son. He is on the verge of losing his home. What alternatives are out there?
He is sick with diabeties, cure but he works his butt off. I guess this is happening all over. But how can he save his home. Thanks

Best answer:

Answer by I Buy And Sell Houses
He should contact his lender and ask about a loan restructuring or forebearance. He’s already received material from the lender describing those options. He should read (or re-read) the information, story then contact the lender.

Failing that, he can attempt a short sale. He’ll be selling his house at a loss, but it’s better than a foreclosure.

Add your own answer in the comments!
Question by Rhonda: Will I get less than the average mortgage rates if I have great credit?
We are thinking about buying a house, hospital and I just want to know if we have enough for a 10% down payment, stomach decent income, and a great credit score ; can we expect to get below the average mortgage rates that are listed online? Thanks.

We will be get pre-approval before we decide to go house shopping, but I am just wondering this right now.

Best answer:

Answer by godged
Great credit scores get the best rates.

A lender told me that many online calculators put on a rate for an average credit score, but some quote the best rate available.

Do not forget to compare more than interest rate between lenders. Closing costs, especially with online lenders, can be very different from shop to shop. Ignoring closing costs and only looking at interest rate can cost you thousands of dollars.

What do you think? Answer below!