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Updated almost 8 years ago on . Most recent reply

User Stats

46
Posts
5
Votes
EDWARD M.
  • North Bergen, NJ
5
Votes |
46
Posts

3.25% FHA Rate With 10% Down?

EDWARD M.
  • North Bergen, NJ
Posted

I keep getting feedback that it is currently impossible to get a hold of this kind of loan. I have loan disclosures, mortgage commitment all showing a 3.25% fixed FHA rate with PMI coming off during the 11th year because of the 10% down payment. If i have loan disclosures, and a mortgage commitment showing these numbers, what can possibly go wrong for me? Am I being lied to?

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