30 minute iphone nterview with loan officer...

berettafan002 · Joined: 06 Feb 2008 Posts: 8 5.83 Dollars($)

for a new home..

what can i expect?
this will be for $750-$780 loan, 15-25% down, 680 fico
This will be jumbo loan obviously so what rates
can i reasonably ask for this market? (in nevada, clark county)
what other i questions should i ask or what should i look out for?
i'm a first time buyer.

thanks...

larry · Joined: 27 Jun 2007 Posts: 2951 411.26 Dollars($)

Hi,

What kind of mortgage are you taking - ARM or FRM? The interest rate depends upon so many things but If you go for FRM jumbo loan, the interest rate may be near about 6.5.

The loan will "$750-$780 loan" or $750k-$780k loan?

Best of luck.
Larry

adonis · Posted: Fri Feb 08, 2008 3:31 am Post subject:

Beretta,

You've also posted at http://www.mortgagefit.com/firsttimebuyer/spouse-onloan-title.html . Some of the community members have replied there. Please have a look at it.

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