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IROCZman15 · 05-13-2017, 06:14 AM

was fortunate to get a 2.54% 30 year fixed rate loan (with zero points and a one time only $500 loan fee) through wells fargo's police/firefighter package. they said it was the lowest that their rate has ever been so we jumped on it immediately (fall 2012). a little while later they sold our loan to CENLAR but the rates did not change so I got lucky. I know the loan market has changed but if you an get something in the high 3's low 4's that would be great (depending on your personal financial past/present situation). as jeff mentioned, throw a bit extra at the loan monthly if you can afford it. we put in $130 extra per month just to help knock principal down quicker. You do luck out coming from the contracting realm of stuff for things to look for when house shopping so that is good.

05-13-2017, 06:14 AM	#22
IROCZman15 10 Second Club / Meet Coordinator Join Date: Dec 2004 Location: Roxbury, NJ Posts: 2,135 iTrader: (8)	was fortunate to get a 2.54% 30 year fixed rate loan (with zero points and a one time only $500 loan fee) through wells fargo's police/firefighter package. they said it was the lowest that their rate has ever been so we jumped on it immediately (fall 2012). a little while later they sold our loan to CENLAR but the rates did not change so I got lucky. I know the loan market has changed but if you an get something in the high 3's low 4's that would be great (depending on your personal financial past/present situation). as jeff mentioned, throw a bit extra at the loan monthly if you can afford it. we put in $130 extra per month just to help knock principal down quicker. You do luck out coming from the contracting realm of stuff for things to look for when house shopping so that is good. __________________ 1987 IROC-Z - modified Last edited by IROCZman15; 05-13-2017 at 07:11 AM.