As expected, government shutdown has brought
a lot of skewness in job data statistics.
Market is freaked again today and more
volatility might come with two Fed's officials
supposed to give speech today.
Conforming loan (<=$417k)
Purpose of Loan 30 YR 15 YR 5/1 7/1
Purchase Loan 4.250 3.250 2.750 3.125
Refinance Loan 4.250 3.250 2.875 3.250
The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=400K,FICO>=740,LTV<=75%,O/O,SFH
There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen. Adding impound account
might bring in better rates.
Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.
High Balance Loan (<=625k)
Purpose of Loan 30 YR 15 YR 5/1 7/1
Purchase Loan 4.375 3.375 3.125 3.625
Refinance Loan 4.375 3.375 3.250 3.750
The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=600K,FICO>=740,LTV<=75%,O/O,SFH
There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen.Adding impound account
might bring in better rates.
Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.
Jumbo Loan ( Up to 2M)
Purpose of Loan 30 YR 15 YR 5/1 7/1
Purchase Loan 4.625 4.000 2.875 3.125
Refinance Loan 4.750 4.125 3.000 3.250
The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=729K,FICO>=760,LTV<=60%,O/O,SFH
There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen.Adding impound account
might bring in better rates.
Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.
Contact:
Jing Sun
jingsunloan@gmail.com
949.680.0818
BRE 01880010
NMLS 339172
______________________________________
If you need to get real-time rate for your
specific loan,please include the answers to
following questions into your email and send
it to jingsunloan@gmail.com.
It will be answered within 24 hours.
1) Loan amount
2) Self-occupied or Investment or second home
3)Single Family House or Condo
4)Self-estimated FICO score
5)Expected LTV (loan to value of house)
6) W-2 or Self employed
7) Expected yearly DTI (Debt to income) ratio
8) Any other houses or loans
9) Type of loan you are interested(refi/new, 30,15,3/1,5/1, 7/1)
10) Is this for cash out?
11) What is your current mortgage rate and when did you get it?
12) Do you want impound account?
13) Status (Citizen, Green Card or H1-b)
