Comments on: Is there such a thing as a government mortgage rate? http://www.mortgage--loans--blog.com/mortgage-loans/is-there-such-a-thing-as-a-government-mortgage-rate A blog on mortgage loans Sun, 20 May 2012 12:42:25 +0000 http://wordpress.org/?v=2.7 hourly 1 By: directlendingplanet http://www.mortgage--loans--blog.com/mortgage-loans/is-there-such-a-thing-as-a-government-mortgage-rate/comment-page-1#comment-1002 directlendingplanet Sat, 28 Mar 2009 03:12:02 +0000 http://mortgage--loans--blog.com/mortgage-loans/is-there-such-a-thing-as-a-government-mortgage-rate/#comment-1002 <a href="">Audrey</a> sorry that is not correct. and even if its a government rate it a little high a good rate for someome with around 700 score is 5.850 you are a government worker of some kind what is your jobs? there are some programs in some state called "my comunity" that offer a slightly lower rate to police teachers etc. As far as a magic government rate I dont think so. IM A BANKER! Asuming your scores are above 680 and you have the income to support such a large loan you should be able to get a loan at 5.850% at least! your most likely working with a unqualifiedor inexpiranced broker broker Audrey

sorry that is not correct. and even if its a government rate it a little high a good rate for someome with around 700 score is 5.850
you are a government worker of some kind what is your jobs? there are some programs in some state called “my comunity” that offer a slightly lower rate to police teachers etc. As far as a magic government rate I dont think so. IM A BANKER!
Asuming your scores are above 680 and you have the income to support such a large loan you should be able to get a loan at 5.850% at least!

your most likely working with a unqualifiedor inexpiranced broker broker

]]> By: GVD http://www.mortgage--loans--blog.com/mortgage-loans/is-there-such-a-thing-as-a-government-mortgage-rate/comment-page-1#comment-1001 GVD Fri, 27 Mar 2009 06:48:15 +0000 http://mortgage--loans--blog.com/mortgage-loans/is-there-such-a-thing-as-a-government-mortgage-rate/#comment-1001 <a href="">Bruce</a> No, its not correct. There is no such thing. Any FHA or VA approved lender can set their own rates. The government does not give home loans, they insure them so they have little to do with the actual pricing of the mortgage. While 6% is fairly standard right now for a FHA or VA loan, it may vary from lender to lender so you should still shop around. Bruce

No, its not correct. There is no such thing. Any FHA or VA approved lender can set their own rates. The government does not give home loans, they insure them so they have little to do with the actual pricing of the mortgage. While 6% is fairly standard right now for a FHA or VA loan, it may vary from lender to lender so you should still shop around.

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