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who can offer the best free loan Zero out of pocket. on a 30 yr fix

Excellent credit fico760 + owe 1 mortgage 220000 Fannie maie backed monthly 1679 Principle 1400 utilizing harp 2 du refi plus. Looking to pay the least monthly payments possible. by roger campoverde from Rosemead, California. Dec 5th 2012 Reply


William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

You are going about this all wrong.. You open yourself up to disappointment if you think you can get an honest quote on a web blog.. Plus the limited info you provided will not be sufficient for anyone to determine your eligibility... if you want to know for sure, then the best advice I can give you is to contact a LOCAL mortgage broker and apply with them. They will be able to look at your complete scenario, and put their offer in writing, so there's no confusion... Do not go to the local "Big" bank, and certainly not one of those 50 states internet lenders, or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Dec 5th 2012
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,243 contributions

What you are being offered looks competitive, which most usually are (except those who are currently overwhelmed and have pushed up their rates to slow down the "flood"). That's not so say if you want to contact someone directly or allow them to contact you that they wouldn't beat it ever so slightly to lock in your business. Good luck.

Dec 5th 2012
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,726 contributions

No one is willing to "Throw it out there" because of the new laws in place.. If they "Throw it out there" and then you apply based on the quote you get, and it turns out that there's something in your scenario that the lender didn't know.. He's bound by his quote, good or bad... no competent loan officer will send you a quote based on a web blog.. I know the days of picking up the phone and actually communicating with someone is a thing of the past, but in certain things, mortgages being one of them, you really need to... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Dec 5th 2012
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Anybody can offer you that but it may not be in your best interest to get that loan. You need to talk to a LOCAL lender about your specific situation and it has been my experience to to pay some closing costs and get a lower rate. Unless you need to be under a certain Loan to Value, most lenders will charge you out of pocket expenses unless it's an appraisal.

Dec 5th 2012
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OWE - $220000 no secondE/V - $260000MONTHLY - $1679ESCROW - $279TAXES - $3.105 YEARINSURANCE - $360 YEARFICO - excellent 760+GROSS - $68,819CURRENT LENDER - GMACCURRANT RATE - 5.375LOCATION - CALIFORNIAZIP - 917702ND MORTGAGE - NOPMI - NOFORECLOSURES - NOSINGLE FAMILY HOME - YESOCCUPY - YES PASS IT DOWN TO MY KIDSWORK - 14 YEARS SAME COMPANY - WIFEWORK - INDEPENDENT CONTRACTOR - HUSBANDBOUGHT HOME - 2001 FOR $210000REFINANCED - 2005 FOR $250000Interest n principle 1400 monththese are the facts people I have spent the past month educating my self. I am sure with this info we can come up with a best case scenario

Dec 5th 2012
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Laron McClelland (LaronM)
#672 ranked lender in California - 26 contributions

As William stated the info you have provided is not enough to determine any type of accurate scenario and any answer will be doing you a disservice. Im in Valencia, CA if you want to explore your options in detail please give me a call.Enjoy your day,-Laron McClelland661-247-9329

Dec 5th 2012
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Barb Lanis (BarbLanis)
#70 ranked lender in Illinois - 663 contributions

You can contact me directly and I can give you a range of what to expect in terms of a rate/zero out of pocket.

Dec 5th 2012
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i see that nobody is willing to put it out there, but are willing to provide there contact info lol

Dec 5th 2012
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direct lenders are offering 3.375 with 0 everything.

Dec 5th 2012
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OK so hows this mrcampoverde@yahoo.com i need to make this competitiveness I need to make the least monthly payments possible so I may take advantage of my maximum monthly mortgage savings. the old days of 40yr. I/O and 7/1 arms are poop......

Dec 5th 2012
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Bruce Conn (BruceConn)
#273 ranked lender in California - 19 contributions

Roger, there's an old saying in the mortgage business, "The later in the day, the lower the rate". Meaning: As you call around trying to beat the previous quote you will keep getting lower and lower rates that are more and more undeliverable. In the same vein, you can look at an auto dealership ad and see a new Jeep for sale for $22,000. Problem? There's only one, you have to buy other options to get what you really want, and it's probably "already sold" when you get to the lot. PP For your mortgage find someone you trust and know they'll do their best for you; realize your best results and worst results are only a 1/4% apart; and enjoy the holidays.

Dec 5th 2012
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Andrew Alfonso (CashCow)
#43 ranked lender in Florida - 271 contributions

Anybody can offer you that but it may not be in your best interest to get that loan. You need to talk to a LOCAL lender about your specific situation and it has been my experience to to pay some closing costs and get a lower rate. Unless you need to be under a certain Loan to Value, most lenders will charge you out of pocket expenses unless it's an appraisal.

Dec 5th 2012
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Jason Vondrak (jvondrak)
#216 ranked lender in California - 1,741 contributions

Hi Roger - If you would like to contact a California lending expert for an exact quote based on your financial situation feel free to give our experts a call at 858-605-0952. We offer zero cost, zero point refinance loans and have highly competitive rates.

Dec 5th 2012
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