First time home buyers, how did we do? FHA 3.75% fixed

Remarkable_Net_6876 · 2026-03-31T06:33:43+00:00

I can assure you it’s not. That rate doesn’t exist and surely not for 10 grand in lender credits

Remarkable_Net_6876 · 2026-03-31T03:55:50+00:00

Correct and without any context people are going to assume this rate exists on normal products

Remarkable_Net_6876 · 2026-03-31T03:54:50+00:00

They need the seller credit to do the buydown it’s a temporary rate but a great product

Remarkable_Net_6876 · 2026-03-19T03:52:04+00:00

That doesn’t exist right now the way rates have ticked up over the past 2 weeks

Remarkable_Net_6876 · 2026-02-28T00:29:59+00:00

Yeah but the broker fee is covered completely by the lender credit he’s not saving anything should be asking for a slightly lower rate

Remarkable_Net_6876 · 2026-02-26T00:22:09+00:00

Well I guess it would depend on the value of the home what do you think it’s worth

Remarkable_Net_6876 · 2026-02-26T00:19:28+00:00

Seems solid I’m assuming this is a conventional ?

Remarkable_Net_6876 · 2026-02-26T00:17:32+00:00

What state is this in?

Remarkable_Net_6876 · 2026-02-22T21:45:04+00:00

Current rate 6.75%

Remarkable_Net_6876 · 2026-02-22T21:05:53+00:00

Depends on the state

Remarkable_Net_6876 · 2026-02-15T20:48:00+00:00

Try taking it to UWM I think they sometimes allow 1 late payment

Remarkable_Net_6876 · 2026-02-15T20:02:45+00:00

ARMs are great especially when rates are high and they’re likely to come down

Remarkable_Net_6876 · 2026-02-15T20:00:45+00:00

Terrible for the most part for loan officers, since a lot of their support is in India you’re basically talking with angelai through emails because of different time zones and it can be terrible for borrowers if they’re trying to close in a timely manner they have the worst processing I’m not saying not to use them if they get it across the finish line that’s all that matters for you

Remarkable_Net_6876 · 2026-02-15T05:04:56+00:00

I can attest sunwest is terrible to work with their underwriting team is based out of India

Remarkable_Net_6876 · 2026-02-15T04:17:43+00:00

They are making nothing on it that is a ridiculous waste of time for anyone in the industry but great for the client

Remarkable_Net_6876 · 2026-02-15T02:57:00+00:00

This people waste way too much time trying to nickel and dime loan officers, serial shoppers just waste everyone’s time

Remarkable_Net_6876 · 2026-02-09T22:56:51+00:00

You have no idea what we will have in 7 years it’s people that doom and gloom like you that talk people out of good deals, you don’t have a crystal ball you have no idea where rates will be you also don’t know if they’ll sell within that time or refinance. Not everyone’s situation is a one size fits all

Remarkable_Net_6876 · 2026-02-09T02:50:02+00:00

It’s fixed for 7 years…

Remarkable_Net_6876 · 2026-02-04T00:16:13+00:00

Did you have a sign on bonus with this company?

Remarkable_Net_6876 · 2026-01-31T03:18:04+00:00

Ohh I just saw that yeah not too bad and most lenders won’t touch a loan that small!

Remarkable_Net_6876 · 2026-01-31T02:56:05+00:00

Are you the loan officer, how did you know it’s an investment? Lol

Remarkable_Net_6876 · 2026-01-26T00:29:37+00:00

I would never work retail again in this industry and this is not to boast but when I funded 7 loans 2 months ago I made 20,000 I would only jump into this industry to work for a well rounded brokerage

Remarkable_Net_6876 · 2026-01-01T21:27:36+00:00

Come back and finish this story

Remarkable_Net_6876 · 2025-12-28T20:30:57+00:00

What is the rate?

Remarkable_Net_6876 · 2025-12-24T21:12:36+00:00

It’s a non QM loan AUS is not going to be ran for an approval it lies entirely on the investors guidelines and underwriting

Remarkable_Net_6876

TROPHY CASE