Mortgage rate question?

hipster asked:


My average of the credit bureaus is 805. I have no credit card debt, no car payment or debt of any kind. I have an open line of credit for up to $400.000. What interest rate can I expect to get on buying a home??

Lloyd

Tags: Credit Bureaus, Credit Card Debt, Mortgage Rate

This entry was posted on Monday, April 20th, 2009 at 6:13 am and is filed under Mortgage Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Responses to “Mortgage rate question?”

1. golferwhoworks Says:
   April 20th, 2009 at 8:10 pm

   Arnold

   Depends on how much house and how you finance it. With an open $400k line of credit that does not say that is the balance and how much you earn or how much you want to buy. If less than Jumbo 5.5% would be a good number

2. Cliff T Says:
   April 22nd, 2009 at 12:44 pm

   Emily

   FHA: you should be giving a rate of about 5.05% Fixed…. +/-