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mortgagebud
65 Posts |
 Posted - 06/26/2008 : 8:11:32 PM
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can you beat 5.375% (-.987)  |
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mortgagebud
65 Posts |
Posted - 06/26/2008 : 8:19:30 PM
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quote:
Originally posted by mortgagebud
can you beat 5.375% (-.987)
sorry 345k and if you can match the rate with a point on the back let me know. |
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mantixmortgage
2669 Posts |
Posted - 06/26/2008 : 8:38:11 PM
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on what program?
and no, i cant.
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mortgagebud
65 Posts |
Posted - 06/26/2008 : 9:59:51 PM
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quote:
Originally posted by mantixmortgage
on what program?
and no, i cant.
15 yr fixed |
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FLProcessor
402 Posts |
Posted - 06/27/2008 : 12:05:34 AM
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If you can tell me who is paying you a point on 5.375, for 6/26 rates, on a 15/fixed, I'll give you $1,000 if it checks out. The company offering that would be losing money against the actual bond price.
Hell, PFG, who leads all wholesale lenders, is par at 5.625 for 6/26.
So what gives? |
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vburek
507 Posts |
Posted - 06/27/2008 : 05:18:25 AM
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| what is the point of this post? |
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www.johnreiher.c
468 Posts |
Posted - 06/27/2008 : 08:02:42 AM
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my best is this guy thinks he's getting a <.987> when its actually a cost. even so. Im not buying it. I would like to know the lender.
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mortgagebud
65 Posts |
Posted - 06/27/2008 : 08:57:53 AM
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quote:
Originally posted by www.johnreiher.com
my best is this guy thinks he's getting a <.987> when its actually a cost. even so. Im not buying it. I would like to know the lender.
thanks guys not me my client sent in all the stips then drops this line of crap on me. that another broker offered him. talk about pissed. i searched everywhere the best i got was 5.5%@ .491 . I thought he was full of crap so i brought it to the post to confirm i was right thanks folks. his logic is if the broker is getting one on the back at this rate i should be able to do better...not sure where i went wrong on this one  |
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vburek
507 Posts |
Posted - 06/27/2008 : 09:04:44 AM
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| the other broker, probably got the info from a trigger lead and then lied to your client to get the business. |
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mortgagebud
65 Posts |
Posted - 06/27/2008 : 10:18:32 AM
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quote:
Originally posted by vburek
the other broker, probably got the info from a trigger lead and then lied to your client to get the business.
cant win'em all |
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FLProcessor
402 Posts |
Posted - 06/27/2008 : 4:13:04 PM
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| Okay, but if you post something along these lines in the future, give us those details with the original post! |
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