Thanks! Yes, I'll probably wait a bit for a larger drop before acting.I plugged in my old zipcode in NoVA, and made a few other assumptions (mainly that it's a single house and that tax + insurance will be in escrow). Looks like Farmer's Bank of KC does serve NoVA. At the numbers you provided upthread, for 5.625%, you'd get the aforementioned ~$5,500 in credit to offset ~$3,100 in fees. The particular contact is Rob Crosthwait (email rcros@farmersbankkc.com, Office # (913) 387-5587).I live in NoVA. I heard about Rocket all over this forum. But I will try the others you listed. Thanks!
I didn't go with this particular lender due to other considerations (mainly not wanting the loan be serviced by an unknown quantity), but in terms of hard numbers, Farmers Bank of KC has probably the most attractive rates.
Unfortunately, 0.25% drop may not be worth your time, but might be a whole different story after the next Fed Open Market meeting.
For whatever reason, no one is advertising on Zillow and BankRate the last few days. My guess is that they were all swamped going back two weeks.
Statistics: Posted by panpsych — Fri Sep 20, 2024 8:19 pm — Replies 38 — Views 1523