It is shocking to me how low interest rates have been going lately. The one thing that amazes me is the fact that internet mortgage companies advertise even lower rates. Why is that? Well, honestly, to get you to call them......Then when they have you on the phone, for some reason or another, the interest rate goes up because, oh, you have to have a loan-to-value ratio of 60% or below, your FICO score has to be 780 or above, and you have to have impound accounts whether you want them or not. Oh, and also you must have a loan amount above $300K........kinda like that commercial where the lady goes into buy something from a clothing store and the clerk offers her a discount card and all of a sudden this man shows up and states all these conditions she must meet to get the discount, so she just hands back the discount offer.......typical. Makes me sick! Oh well, what can you do?
For the best rates on mortgages, call me, 661.964.2600
Southern Oaks Mortgage, Inc.