Posted on: 15th Feb, 2011 09:40 am
Is a 4.75 % rate, 5.034 % APR a good rate for 30 year fixed VA loan?
Yes
I have ONLY a HELOC mortgage on my home for $101,000. I only pay 2.74%, but it is adjustable. It is ineveitable that it will go up. I would like to lock in a fixed rate while they are low. I need a stated income mortgage since I do not show much income. I have over $500,000 in assets that can be proven, but not liquid, such as 401k, IRA, mortgages held, etc. Is it possible to do a stated income and what are the rates and fees for 15, 20 and 30 year?
hi richard!
welcome to the forums!
the rates may vary on a daily basis. however, it may be difficult for you to get qualified for a refinance on the basis of stated income. many lenders have stopped giving stated income loans.
feel free to ask if you've further queries.
sussane
welcome to the forums!
the rates may vary on a daily basis. however, it may be difficult for you to get qualified for a refinance on the basis of stated income. many lenders have stopped giving stated income loans.
feel free to ask if you've further queries.
sussane