Posted on: 16th Mar, 2011 06:45 am
I have a credit score of 690, yearly income 69,900.00, down pmt of 10,000.00, credit card debt of 23,000.00. would I qualify for a homepath mtg. to purchase a 159,900.00 house? Approx. what would my interest rate be?
Are you looking for the regular homepath or the renovnation homepath? So far it seems fine but, each bank has there own overlays. I would find a loan officer that offers the program and discuss with him in detail.
Hi DavidK,
The interest rates vary on a daily basis. Once you apply for the loan, the lender will let you know that day's interest rate and you can lock the rate if you find you can afford it.
The interest rates vary on a daily basis. Once you apply for the loan, the lender will let you know that day's interest rate and you can lock the rate if you find you can afford it.
