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Refinancing

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Icon Mini Profile mimax28





Joined: 15 Oct 2009

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Post Posted: Tue Nov 03, 2009 3:38 pm    Post subject: Refinancing
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We just got an offer of 5.6% interest rate on a refinance is that fare? We have had the house over 16months and never missed a payment nor have we ever been late.. My wife's credit score is 513..
Icon Mini Profile jveenstra
jveenstra
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Post Posted: Tue Nov 03, 2009 3:49 pm    Post subject: Refinance
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Not only would I say that is fair, I would say it is a gift.

I would have no idea how to get you any mortgage with a credit score of 513. Did you misprint the credit score? Maybe 613??

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John Veenstra, Sr Mortgage Consultant
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Icon Mini Profile eric1
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Post Posted: Tue Nov 03, 2009 10:00 pm    Post subject:
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I agree with John. If your wife is on the loan with that credit score, then you are getting a great rate.
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