Mortgage Broker California
Can somebody please help. What are the loan rates for mortgages in California?
I was told for an FHA loan it is 6.25%. Someone else tells me that it's 7% for a conventional and FHA. Is the rate different the higher your FICO score is? 0 down, FICO score 640, Debt $8900 car, $1000 credit cards, Excellent credit history, BK 2 years ago. Loan amount $245. Excellent credit history since BK.
Public Comments
- go to bankrate.com.
- depends on your credit - best way to do it is to talk to a bank, a credit union would be good - the higher your credit score, the lower your rate - but that also depends on other things, like length of credit history, amount of credit...
- yes it is
- I am not sure how you can have good credit and a fico so low. But, yes, it effects your available rate.
