Some of you have asked me to update rate information when there is a large drop, and today they plummeted! In PA and NJ I can provide a "No closing cost" refinance on a no cash out refinance with the following basic criteria: Balance of $220000.00 or higher, FICO 780+, less than 60% loan to value and escrowing Taxes and insurance. Here are todays rates
30 year fixed= 4.875% 4.909% APR all closing costs paid
20 year fixed= 4.625% 4.659% APR all closing costs paid
15 year fixed 4.375% 4.409% APR all closing costs paid
(These rates are as of 5/14/2010 and are subject to change)
If you would like to lock up one of these rates, please call me asap as they have been changing as fast as all the other volatile markets lately. We can complete the refinance from start to finish in 30 days or less if we meet all the parameters. The hardest part getting these done lately has been all the weak appraisal reports in both NJ and PA, and all around the country for that matter. Thank you in advance for your future or returning business! If anyone you might know is also interested in a refinance, please feel free to forward this blog message. I also work with many Realtors who feel very comfortable knowing I am always there for them with the most complex purchase challenges.
Best regards,
Phil Gustte
Mortgage Specialist
Walter Financial Inc.
713 Hyde Park
Doylestown, PA 18902
215-888-9915 (Direct)
Fax 215-230-4015
NMLS# 134328
www.activerain/gustte
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