Hi all, thanks for great advice in here. I'm currently waiting to get a few more LEs but here's what I have so far. I'm a bit disappointed, but have yet to start playing the companies off each other. I'd appreciate any and all advice on getting better rates and offers.
784K high balance Conforming in Washington, DC
74.6% LTV
800+ credit scores
HHI $400K, minimal debts
Current rate: 3.75%
BNC
2.75% 30 year, no points
2.625%, 0.25 point buy down
2.5%. 0.5 point buy down
Closing costs = $1095 + title fees, no credits
Better.com thru Chime
2.75% 30 year, no points
A+B+C =$4462 - $1237 (lender credit) = $3225
2.625%, 1 point ($1900), no lender credits
2.50%, 2 points ($6700), no lender credits
LenderFi...from their online tool (no formal LE yet)
2.375% 30 yr, 1 point ($408)
A+B+C = $4659, no lender credit
2.5%, no points
A+B+C = $4251 - $3898 (lender credit) = $353
I'm still waiting on offers from Loan Depot and Intelliloan. Unfortunately, Loan Cabin and Interactive Mortgage are not licensed in DC.
LenderFi is so much stronger than the rest. How quick to close? Good experiences? It seems that they can possibly lower the rate once you get on the phone?