What is the current rate for an fha 203k well fargo mortgage loan on 87000. beside excellent. credit.?
lets clear up a few things first. the 203K loan is an FHA product. Wells Fargo is just the institue writing and funding the loan. And the give somebody the third degree is more involved than that. Rates aren't just quoted out of a hat you obligation to provide the following. Debt to income ratio, employment history, al 3 credit bureau scores, mortgage history, loan amount, homes current value, amout of assets, amount of your own money individual put into the transaction, and your residency, I.E. is this going to be your primary residence. If your looking for a quote with out any of those factors given......o.k. 6%. its a rate....but its not necessarily your rate. Good info surrounded by and you'll get good info rear legs. Garbage in and you get debris out. just saing you have excellent credit and want a 203k loan for 87000 is litter info.
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http://articles.moneycentral.msn.com/Ban…
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