HUD-GFE questions

[rrah]

I would not recommend transferring it at this point if you want to close on 2/7.

[youngandconfused]

He said our rate is floating until close. And he will give us the 4.375 rate they are advertising. Or we can lock in for $500 more on a float.

And the discont point was a typo. What we are paying for is a loan level pricing adjustment.

Whats that? I understand it as my credit score being not enough to get prime rates yet we are getting prime rate anyways.

[Pfhtex]

Originally Posted by youngandconfused

He said our rate is floating until close. And he will give us the 4.375 rate they are advertising. Or we can lock in for $500 more on a float.

And the discont point was a typo. What we are paying for is a loan level pricing adjustment.

Whats that? I understand it as my credit score being not enough to get prime rates yet we are getting prime rate anyways.

Well, you're certainly living up to your name.

Why are you proceeding at all? You need to learn more about what you are doing. $18 a month doesn't mean ****.

Go ahead and focus on saving pennies instead of working with a human being that takes their precious time to talk with you until you understand what you are doing.

[youngandconfused]

What do you mean?

I didnt go to another lender. I talked to our loan officer. He said i can lock in on this new rate for $500 or let it float until closing.

Since closing is scheduled in 9 daysbi figured rates wont change much in that time.

Not sure why such a negative reaction to a young kid trying to save money for the future. The banks are making their money. Why cant i save a little?

[meowkitty27]

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