We've found a perfect house we wanted ,since Ive been working on my credit since 2015
Ive improved my score tremendously .
I have couple of questions .
What rate Am I looking at ?
My true Score from credit score limit
EXP 701, ON EQ 698 ,Trans is 696
I made an offer for $284k accepted it from 295k
My mortgage is currently 1200
I want to move in now and sell my house later.
I have a friend that works at prime lending.
But I am not sure what rate Am I looking at ?
He asked me to send him
My W2s 2015 & 2016
2 Current pat stubs
3-2 months bank statements.
Any idea about a prime lending bank
I am thinking to go to my credit union to do this loan instead
Any inputs will greatly be appreciated .
I believe my DTI is fine since my income is good.
He also told me cloning cost will be $3000 to $3800 includes appraisal title fees recording of the mortgage
is this fair ?
How much do I need to put down to avoid paying PMI ?
Do I need to put down 20% ?