Do FHA mortgage loans interest rates vary by lender or are they the same across the board in your area? - fha interest only loans
Yes, can vary. It depends on the yield spread premium from the mortgage broker or banker receives. In other words, how much they make of the creditor with them.
Yes, there are fees negotiable. Just find an agent or a banker who is not too ambitious. You ask, what is to say, the nominal interest rate FHA loan, and must. The nominal rate is the rate without a yield spread premium (YSP). These brokers day trial version to the standard rate of 1 point or 1 point creation fee or a combo of the origin and YSP. Good luck!
Sunday, January 24, 2010
Fha Interest Only Loans Do FHA Mortgage Loans Interest Rates Vary By Lender Or Are They The Same Across The Board In Your Area?
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