30 year fixed refi

We’re looking to do a cash out refi of our co-op apartment from our current Chase mortgage, anyone able to better 4.25% on a 30 year fixed?

deanbh

in Roofers 11 years and 5 months ago

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deanbh | 10 years and 8 months ago

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BTW just to close out the topic….we ended up financing with Wells Fargo at 4% fixed for 30 years.

adam_dahill | 11 years and 5 months ago

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Dean- need to know a little more about your specific scenario to quote a rate especially with a coop. How many units in the building? What loan amount? Appriased value etc… Send me an email if you like but if the LTV is low that rate could be available. Adam Dahill adahill@mortgagemaster.com Nmls 66099

adam_dahill | 11 years and 5 months ago

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Dean- need to a little more about your specific scenario to quote a rate especially with a coop. How many units in the building? What loan amount? Appriased value etc… Send me an email if you like but if the LTV is low that rate should be available. Adam Dahill adahill@mortgagemaster.com Nmls 66099

daveinbedstuy | 11 years and 5 months ago

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Wait another few days and check rates again. 10 Year Treasury at lowest levels since November http://www.marketwatch.com/investing/bond/10_year/charts

deanbh | 11 years and 5 months ago

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Quicken said no as they will only lend on co-ops if shares equal less than 20% of the total building (our 2br 2bath is equal to around 35% of the shares). BTW shame as their rate is low at 4.125%

daveinbedstuy | 11 years and 5 months ago

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Over a year ago I refinanced with Quicken as a Schwab client. I see them offering 4.125% for a 30 year. It may be lower for Schwab clients. It was a relatively effortless process.