Real estate blog entries tagged with how to calculate apr by Steve Kappre | NMLS# 217008 NJ Mortgage Loan Officer | 856-419-3561 (Treasury Mortgage

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Home : Blogs : Steve Kappre | NMLS# 217008 NJ Mortgage Loan Officer | 856-419-3561 : Gloucester County, NJ Mortgage and Real Estate Blog : Tag "how to calculate apr"

how to calculate apr: Rates - APR - Points - Fees - GFE's: How the Playing Field is Still "Crooked" - 10/02/09 10:18 PM

Rates - APR - Points - Fees: How the Playing Field is Still "Crooked" I talked to a client today who was shopping me against some other lenders. I don't blame people, and frankly if I think someone else has a better offer and they are legit, I advise "my client" so and have no hard feelings.
In the scenario today, said client was offered 4.5% with no points. I told him it wasn't possible, but lest I be ignorant, I dropped by this other lender's website. Indeed, the lenders website quoted 4.5% with no points and an APR of 4.878%. The website gave … (59 comments)

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Steve Kappre | NMLS# 217008 NJ Mortgage Loan Officer | 856-419-3561

Mantua, NJ

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