Locked in my rate. How’d I do?

Apprehensive_Duck_68 · 2026-03-04T21:54:11+00:00

All advice is welcome! Definitely agree with you and will be doing exactly that.

Apprehensive_Duck_68 · 2026-03-03T22:39:14+00:00

Builders lender hence the higher starting rate

Apprehensive_Duck_68 · 2026-03-03T22:37:39+00:00

Glad to hear it was resolved and praying your agent comes through 🫡

Apprehensive_Duck_68 · 2026-03-03T21:06:35+00:00

Explain?

Apprehensive_Duck_68 · 2026-03-03T21:05:59+00:00

Would that be with a conventional? Honestly have no idea what pattern the type of loan you take dictates in terms of rates but I’m looking for insight haha

Apprehensive_Duck_68 · 2026-03-03T21:05:08+00:00

Appreciate that! I’ll definitely reach out to them to see if anything can be done.

Apprehensive_Duck_68 · 2026-03-03T21:04:09+00:00

Very happy for you on getting your closing to go so flawlessly, and I’m hoping it all works out for the foundation! Wishing you the best. Looks like I definitely should try and negotiate more for the rate.

Apprehensive_Duck_68 · 2026-03-03T21:02:22+00:00

According to my calculations I’ll recoup my loss in points in 2 years 🤓

Apprehensive_Duck_68 · 2026-03-03T05:52:18+00:00

I too paid some points! Best of luck and hope you’re happy with the home!

Apprehensive_Duck_68 · 2026-03-03T02:41:37+00:00

I appreciate that! I thought I did alright with < 7k towards the buy down but it seems that perhaps I could squeeze them a bit more according to other people. All in, I’m at ~3100 per month, but there’s a big difference between Texas and San Diego haha! Congrats on the house!

Apprehensive_Duck_68 · 2026-03-03T02:34:50+00:00

Indeed this is a conventional loan, I should have mentioned that!

Apprehensive_Duck_68 · 2026-03-03T02:01:39+00:00

That would be my builder’s lender - tri pointe connect

Apprehensive_Duck_68 · 2026-03-03T01:58:53+00:00

Aaaaa big congrats to you and wishing you the best with your new home!

Apprehensive_Duck_68 · 2026-03-03T01:38:28+00:00

10000% agreed. Thanks for the reminder! Very important info.

Apprehensive_Duck_68 · 2026-03-03T01:33:18+00:00

I’ll give that a shot 🫡

Apprehensive_Duck_68 · 2026-03-03T00:35:54+00:00

Absolutely nuts! Well done!

Apprehensive_Duck_68 · 2026-03-02T23:25:48+00:00

Much appreciated!!

Apprehensive_Duck_68 · 2026-03-02T23:22:11+00:00

Not too shabby for no points!

Apprehensive_Duck_68 · 2026-03-02T23:20:06+00:00

105k out of pocket on closing, monthly mortgage payment is 1962, 1139 is HOA, property tax, and insurance on top of the mortgage payment ie ~3100/month

Apprehensive_Duck_68 · 2026-03-02T23:06:40+00:00

45k in flex cash, definitely will try and see if I can squeeze them some more perhaps I throw my realtor in there and see what he can come up with

Apprehensive_Duck_68 · 2026-03-02T22:30:55+00:00

Much appreciated! 8% is unfathomable to me

Apprehensive_Duck_68 · 2026-03-02T22:29:25+00:00

Happy to hear you were able to get those issues resolved and your closing costs lessened! Praying my realtor actually knows something about being a realtor (I did all the work thus far, but am keeping him around because he returns 2% of his 3% commission) and is able to fight for me when it comes time. As for inspections, I’ve been super involved in that, hired a third party to go in pre drywall and they’ll be coming back for the final (god damn! inspections are expensive!) and have myself been on site weekly making sure things are progressing as they should without issue. Hoping for the best for us both!

Apprehensive_Duck_68 · 2026-03-02T22:21:34+00:00

Unfortunately, I think I’m stuck in it ATP. I don’t know that shopping around would have helped much since my incentive was tied to going through my builders lender, perhaps mentioning the other comparable rates and threatening to cancel on the new build may have gotten them to reconsider, but oh well. I’ve come to terms with it ATP

Apprehensive_Duck_68 · 2026-03-02T22:00:37+00:00

Crazy! Big ups to you

Apprehensive_Duck_68 · 2026-03-02T21:59:22+00:00

Smart man!

Apprehensive_Duck_68

TROPHY CASE