Looking into refi 438K
On Mon, 28 Jan 2008 09:39:13 -0800 (PST), liveoak
wrote:
Looking for a 30 year fixed. Stated income
CURRENT LOAN: Principal $438K @ 5.5% 7year fixed (o.d. 8/2005)
stated income.
Parameters:
Comps at around 500K - 525K.
2brm house (doesn't include finished 2nd bathroom and other
improvements)
Middle FICO 750
No consumer debt
Mortgagees - full time public school teachers.
Wait. The government may end up raising the limit for a conforming
loan. Right now, the price of jumbos is much higher than what you're
paying.
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