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Updated almost 9 years ago on . Most recent reply

Rich Davis's profile image
Rich Davis's profile image
Rich Davis
  • from Glenolden, Pennsylvania
  • Member since Mar 29, 2016
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Rich Davis's profile image
Rich Davis's profile image
Rich Davis
  • from Glenolden, Pennsylvania
  • Member since Mar 29, 2016
Connect
Rich Davis
  • Glenolden, PA
2
Votes |
16
Posts
Buying & Selling Real Estate

Interest rate vs APR

Rich Davis
  • Glenolden, PA
Posted

So I went to my bank just to see what kind of rate I could qualify for and I got pre-approved at 4% interest rate and 4.35% APR. What's the difference between the two and is this a good rate? My credit score is 800-815.

He was also telling me not to go fha because of PMI and they offered another type of loan similar but I don't remember what it was called. It was some type of conventional loan.

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