Thread: Mortgage Broker
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Old 07-15-2015, 03:55 PM   #126
MillerTime GFG
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Join Date: Feb 2010
Location: Mckenzie Towne
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Quote:
Originally Posted by Slava View Post
Wow, 2% for mortgage rates is crazy. What are the fixed rates at, at this point?
5 year fixed is anywhere in the 2.54-2.64% range depending on desired product, credit/income, etc.

Quote:
What is the rate if I incorporated a #co to purchase property? I'd be putting 20% down

No, I don't want to sign a personal guarantee for the #d co - the lender would have security with a mortgage against the land.
As far as I know (and I asked some other brokers within my brokerage), we don't have access to something like this within the broker channel. Everyone's going to require a personal guarantee, especially at that LTV (loan to value). I don't think this could be done at the branch level either unfortunately.

PM'd you for more details.
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